Trump Team Shuts Down Rumors of Truth Social Crypto Token Launch Amid $TRUMP Speculation

Speculation about a Truth Social-themed meme coin was quickly dismissed by Trump-affiliated entities, extinguishing hopes for a new election-related crypto asset. The buzz started when crypto influencer Ran Neuner hinted at a potential launch connected to the $TRUMP token ecosystem, sparking significant trader interest.

Both Truth Social’s official channels and World Liberty Financial (WLFI)—a DeFi project associated with the former president—issued prompt denials. Donald TRUMP Jr. personally refuted the claims as unfounded, cautioning followers against scams trying to exploit the hype.

This incident highlights the volatility of meme coin markets during election seasons, where unverified rumors can trigger sharp price swings before official statements restore market stability.