Truth Social Shuts Down Meme Coin Speculation—’No Plans to Join Crypto Circus’

Trump’s social media platform slams the door on rumors of a branded meme token—just as crypto bros were lining up for another speculative frenzy.

Behind the denial: Truth Social’s leadership insists they’re focused on ’free speech,’ not chasing pump-and-dump schemes. Meanwhile, traders who already priced in the imaginary coin are left holding bags of hopium.

Cynical take: Another day, another would-be crypto project learning that viral hype doesn’t pay the AWS bills.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.