Trump-Linked WLFI Denies Claims of New Trump Meme Coin
World Liberty Financial (WLFI), the DeFi project backed by the Trump family, has issued a public warning against fraudulent cryptocurrency projects falsely claiming association with former President Donald Trump. The statement, posted on social media platform X, explicitly positions WLFI as the sole Trump-endorsed decentralized finance initiative.
Rumors of a potential Truth Social meme coin launch have been categorically denied by both Donald TRUMP Jr. and representatives of the Truth Social platform. This follows speculative claims by online influencers regarding an imminent token release tied to the conservative-leaning social network.
The WLFI warning emphasizes the proliferation of scam tokens attempting to capitalize on the Trump brand recognition within crypto circles. Market observers note this reflects broader challenges in the meme coin sector, where celebrity associations frequently trigger speculative frenzies.