Truth Social Denies Plans for Meme Coin Launch Amid Viral Speculation
Rumors of a Truth Social-themed meme coin launch were swiftly debunked by Trump-affiliated entities, including the platform itself. The speculation originated from a viral post by crypto commentator Ran Neuner, who claimed the token would debut within 72 hours under the same team behind the $TRUMP coin.
Market enthusiasm briefly flared as traders anticipated a repeat of the election-season rally seen with Trump-branded tokens. Truth Social’s denial underscores the platform’s cautious stance toward crypto ventures, despite the broader meme coin frenzy dominating altcoin markets.