🔍 What Happened?
Donald Trump Jr. has denied viral rumors that Truth Social (his father’s social media platform) is launching a memecoin, calling them "false information" spread by scammers.
- The rumors started after crypto influencers, including Ran Neuner, claimed a "Truth Social token"was in the works.
- Trump Jr. **clarified on X**: "There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled."
- World Liberty Financial (WLFI), the only DeFi project tied to the Trump family, also warned: "Anyone pushing fake Trump tokens is a scammer."
💡 Key Details:
✔️ Truth Social has no official memecoin – any claims are **scams**.
✔️ However, the platform plans a rewards coin + digital wallet (per a shareholder letter).
✔️ Fake "Truth"-themed tokens have already appeared on $ETH & $SOL (DEXTools data).
⚠️ Caution for Traders:
- DYOR – Avoid unverified "Trump-affiliated" tokens.
- Scammers are exploiting hype – Stick to official announcements.
💬 Your Thoughts?
Will political memecoins keep trending, or is this a warning sign? Drop your take below! 👇
#Memecoins #TRUMP #CryptoCPIWatch #CryptoNews
