Donald Trump Jr. has made it clear: there is no “Truth Social” memecoin.

In a post on X (formerly Twitter), he called any such claims the work of “scammers” trying to mislead people.

Here’s what you should know:

  • No Truth Social Memecoin: Trump Jr. says the rumors are completely false.

  • No New Trump Crypto: World Liberty Financial, a DeFi group reportedly tied to the Trump family, also confirmed there’s no Trump-backed crypto project in the works.

  • A Rewards Coin May Be Coming: However, Truth Social is exploring a rewards-based digital coin and wallet system, according to a recent shareholder update.