Rumors spread quickly in the cryptocurrency space, claiming that the social media platform 'Truth Social' backed by Donald Trump is preparing to launch a meme coin. After careful verification and review of original sources, we can confirm that these rumors are completely false.

Where did the meme coin rumor start?

Speculation began when Ran NeuNer, founder of Crypto Banter, posted on X that a 'Truth Social' meme coin could be launched within 72 hours. He compared it to the already existing 'TRUMP' meme coin on the Solana network, sparking widespread discussion about a potential cryptocurrency push led by Trump.

This claim quickly gained traction across social media platforms and was amplified by users and communities eager for new meme coin opportunities.

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