Truth Social Shuts Down Meme Coin Rumors—No Crypto Shenanigans Here

Another day, another ’we’re not launching a meme coin’ press release. Truth Social joins the growing list of platforms swatting away crypto speculation like a bad altcoin pitch.

No roadmap, no tokenomics, no vague promises of ’community rewards.’ Just a hard pass—refreshing, if you ignore the fact that half of crypto projects still run on vibes and Elon tweets.

Meanwhile, traders left holding the bag on last month’s ’based’ meme coin du jour are now coping with charts that look like a polygraph test gone wrong.

Rumors have been spreading fast in the crypto space, claiming that, the social media platform backed by, is preparing to launch a meme coin. After careful verification and review of original sources, we can confirm —.

Where Did the Meme Coin Rumor Start?

The speculation began when, founder of Crypto Banter, posted onthat a Truth Social meme coin could be launching within 72 hours. He compared it to the already existing “TRUMP” meme coin on thenetwork, triggering widespread discussion about a potential Trump-led crypto push.

This claim rapidly gained attention across social media platforms, amplified by users and communities eager for new meme coin opportunities.

Influencers React, But Denials Follow

Crypto influencerresponded to the speculation by calling the idea “silly,” suggesting that if Truth Social wanted to support a coin, it could simply stick with the existingtoken.

Shortly after the rumor picked up steam, it was debunked by bothand theproject, which is officially backed by the TRUMP family.

WLFI and Trump Set the Record Straight

issued a firm denial on X, stating:

“There is no new Trump crypto project. WLFI is the only DeFi project backed by the Trumps. Anyone else pushing fake tokens is just a scammer trying to take advantage of people.”
— Source: World Liberty Financial on X

also issued a statement confirming thatto the meme coin claims. He warned users to be cautious about fake information circulating online.

What’s Real and What’s Not?

Here’s what is actually verified:

• Truth Social is owned by Trump Media & Technology Group (TMTG) and is listed on Nasdaq.
• Earlier this year, Trump launched two meme coins: TRUMP and MELANIA, both of which have declined in value.
• WLFI is the only officially Trump-backed crypto project.
• There is no new Truth Social meme coin being launched.

This viral meme coin rumor is baseless and has been publicly denied by all credible parties involved. It serves as a reminder of how quickly misinformation can spread in crypto, often creating opportunities for scammers to take advantage of public hype.