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Donald Trump Jr. has denied viral rumors by crypto influencers that Truth Social — the blimpish societal media level tied to erstwhile President Donald Trump — is launching a memecoin.
Infamous influencer Ran Neuner pushed claims and a viral station connected an upcoming Truth Social token, saying it was from the aforesaid squad arsenic the TRUMP memecoin.
“There’s nary information whatsoever astir Truth Social launching a memecoin,” Trump Jr. wrote connected X precocious Monday. “Don’t beryllium fooled by mendacious accusation radical are circulating.”
The clarification amid a question of unaffiliated “Truth”-themed tokens appearing crossed Ethereum and Solana-based trading platforms, information from DEXTools shows.
World Liberty Financial (WLFI) — a DeFi task tied to the Trump household — reaffirmed Trump Jr.’s statement.
“Don’t beryllium fooled. There is nary caller Trump crypto project,” WLFI posted connected X. “WLFI is the lone DeFi task backed by the Trumps. Anyone other pushing fake tokens is conscionable a scammer trying to instrumentality vantage of radical who don’t cognize better.”
The Trump-backed Truth Social, launched successful 2022, has ne'er officially engaged with crypto contempt increasing speculation astir governmental tokens.
The level does mean to motorboat a rewards coin with an attached integer wallet, however, per a shareholder letter from precocious April.
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