Truth Social Token Hype Debunked: WLFI Confirms ’Launch’ Rumors Are Pure Fiction

Another day, another vaporware crypto rumor—this time involving Trump’s Truth Social platform. WLFI just torched speculation about an imminent ’TRUTH’ token launch, calling it outright false.

No whitepaper, no dev team, just the usual pump-chasers trying to manufacture FOMO. Remember kids: in crypto, if it sounds too politically convenient to be true, it probably is.

Meanwhile, actual blockchain projects keep building while the grifters recycle last cycle’s playbook. Some things never change—especially the desperation to turn culture wars into bag holders.

Trump’s Truth Social considers launching token for subscriptions

Truth Social–the social media platform owned by Trump Media & Technology Group (DJT)–announced through a letter to its shareholders on April 30th that it was considering launching a crypto project as part of its rewards program. 

The Truth Social team said it was exploring the introduction of a utility token with a Truth digital wallet that can initially be used to pay for Truth+ subscription costs and later be applied to other products and services in the “Truth ecosphere.” 

The team also said it was an immense point of pride at Trump Media & Technology Group (Nasdaq and New York Stock Exchange Texas: DJT) that its shareholder base overwhelmingly comprised retail investors who were investing their own savings to help further Truth Social’s mission. 

The company also revealed that it was looking into launching exchange-traded funds (ETFs) that will combine equities with cryptocurrencies, the letter reiterated. Trump Media (DJT) first disclosed back in March that it was looking to partner with crypto exchange Crypto.com to launch a series of exchange-traded products (ETPs) and funds (ETFs). The ETPs will include crypto assets and securities from other sectors, such as the energy industry, and Crypto.com will provide the backend technology, custody solutions, and crypto supply. According to the company’s press statement, the investment vehicles are expected to launch in 2025.

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