Trump Family Denies Truth Social Memecoin Rumors Amid Crypto Expansion

Donald Trump Jr. has categorically denied rumors of a Truth Social memecoin launch, calling such claims "false information." The statement comes despite the Trump family’s growing involvement in cryptocurrency ventures through World Liberty Financial (WLFI), their sole DeFi project.

WLFI reinforced Trump Jr.’s position, warning investors about potential scams capitalizing on the Trump name. "Anyone pushing fake tokens is just a scammer," the project stated, emphasizing its exclusive status as the only Trump-backed crypto initiative.

The denial underscores the challenges of separating legitimate projects from speculation in the meme-driven crypto markets. While the TRUMP family continues expanding its crypto footprint, this incident highlights their cautious approach to branded digital assets.