Donald Trump Confirms No Memecoin Will Be Released for Truth Social

The crypto community has been buzzing recently with rumors that Truth Social—the social media platform backed by Donald Trump—is preparing to launch a meme coin. However, after thorough verification of sources, we can confirm that these rumors are completely false.

Where Did the Rumor Start?

The speculation began when Ran Neuner, founder of Crypto Banter, posted on X claiming that Truth Social might launch a meme coin within 72 hours. He compared it to the existing TRUMP token on the Solana blockchain, sparking widespread discussion about Trump’s potential deeper involvement in crypto. The post quickly went viral, fueled by excited communities eager for a new meme coin narrative.