Donald Trump Jr. has denied viral rumors by crypto influencers that Truth Social — the conservative social media platform tied to former President Donald Trump — is launching a memecoin.
Depraved influencer Ran Neuner pushed claims and a viral put up on an upcoming Truth Social token, announcing it was from the identical crew as the TRUMP memecoin.
“There’s no truth in any contrivance about Truth Social launching a memecoin,” Trump Jr. wrote on X slack Monday. “Don’t be fooled by counterfeit data people are circulating.”
There’s no truth in any contrivance about Truth Social launching a memecoin. Don’t be fooled by counterfeit data people are circulating. https://t.co/rbmcoT1tB3 pic.twitter.com/VDOEd8cqGr
— Donald Trump Jr. (@DonaldJTrumpJr) May per chance well maybe also just 12, 2025
The clarification amid a wave of unaffiliated “Truth”-themed tokens displaying across Ethereum and Solana-basically basically based mostly buying and selling platforms, data from DEXTools shows.
World Liberty Monetary (WLFI) — a DeFi project tied to the Trump family — reaffirmed Trump Jr.’s assertion.
“Don’t be fooled. There may per chance be now not any fresh Trump crypto project,” WLFI posted on X. “WLFI is the simplest DeFi project backed by the Trumps. Any individual else pushing faux tokens is true a scammer seeking to take good thing about americans who don’t know better.”
The Trump-backed Truth Social, launched in 2022, has by no arrangement formally engaged with crypto despite increasing speculation spherical political tokens.
The platform does intend to originate a rewards coin with an attached digital pockets, on the opposite hand, per a shareholder letter from slack April.