Truth Social Denies Meme Coin Launch Rumors
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Speculation about a Truth Social-backed meme coin has been firmly dispelled by the platform. The rumors gained traction after a prominent crypto influencer suggested a potential launch within 72 hours, drawing parallels to an existing Trump-themed token. Social media amplification fueled the narrative, but official sources confirm no such project exists.
The episode highlights the crypto community’s appetite for politically adjacent meme coins, despite their often tenuous connection to actual projects. Market observers note similar speculative cycles around celebrity-linked tokens, though few achieve lasting traction.
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