Donald Trump Jr. Denies Rumors of Truth Social Launching Memecoin
Donald Trump Jr. refuted rumors regarding the launch of a memecoin associated with Truth Social, stating on X that there is no truth to the claims. Influencer Ran Neuner had circulated information about an upcoming Truth Social token linked to the TRUMP memecoin.
Key points include:
- Trump Jr. emphasized that no memecoin will be launched by Truth Social.
- World Liberty Financial (WLFI) supported this statement, declaring it is the only DeFi project backed by the Trump family.
- There has been a rise in “Truth”-themed tokens on Ethereum and Solana trading platforms.
- Truth Social has not officially engaged with crypto but plans to introduce a rewards coin and digital wallet, according to a shareholder letter from April.