The rumour mill turned into in overdrive after claims emerged that something new from Truth Social turned into getting ready to release a memecoin. Fuelled via a excessive-profile crypto influencer and a cryptic put up from President Donald Trump, hypothesis won traction speedy. Crypto Twitter was humming. Several believed that a Trump-branded coin could hit the market within days.
Ran Neuner, host of the Crypto Banter podcast, caused the hype by using suggesting the release become 72 hours away. He even claimed the team in the back of the TRUMP token was worried. A vague Truth Social post by way of Trump himself most effective brought gasoline, with many deciphering it as a crypto teaser.
Community debates exploded. Would it release on Solana? Tron? Maybe the BNB Smart Chain? Traders scrambled. Telegram organisations lit up. But just as quickly, authentic sources stepped in to kill the thrill.
Truth Social Shuts Down The Hype
Truth Social acted speedy. A public assertion on its platform firmly denied the rumors: “Truth Social isn’t always launching a memecoin.” Donald Trump Jr. backed this up, expressing the rumor as pure fiction on X.
Even World Liberty Financial, a Trump-affiliated DeFi project, jumped in. They warned the general public in opposition to falling for faux Trump crypto schemes. “WLFI is the handiest official DeFi project,” they wrote, discrediting some other so-referred to as Trump cash as scams. They kept Truth Social’s name clear from any association with unauthorised projects.
This wasn’t just damage manage. It was a coordinated attempt to guard the Trump brand and to prevent crypto buyers from getting duped by means of opportunists driving the meme wave.
Shifting From Speculation To Strategy
While a memecoin is off the desk, Truth Social has shown genuine interest in blockchain. In an April 2025 shareholder letter, the platform revealed plans for a utility token connected to its environment. The token could cowl Truth+ subscription charges, with capacity destiny makes use of at the platform.
That’s a miles cry from memecoins, which are normally constructed for quick speculation. Instead, this signals Truth Social’s strategic move in the direction of incorporated tech—a virtual rewards system rather than a hype-driven launch.
The Trump camp isn’t new to crypto. The TRUMP token and MELANIA token already exist. However, the TRUMP token recently saw heavy charge swings. Once well worth $seventy three, it fell to $12.52 earlier than climbing returned 14% just last week.
This volatility, paired with a gala dinner praise for pinnacle holders, precipitated ethical worries. Some U.S. lawmakers criticised the event, declaring potential conflicts of interest.
Adding gas, information showed 220 wallets hold over thirteen million TRUMP tokens valued close to $174 million. Reports additionally hinted that maximum holders might not be U.S. residents, drawing scrutiny from regulators.
Still, unauthorised “Truth”-themed tokens emerged anyway. They started out performing on Ethereum and Solana-based platforms. The marketplace answered with nervous energy. Some saw it as some other rug-pull ready to manifest. Others warned it may crush the cutting-edge bull market, similar to the TRUMP and MELANIA launches did earlier this yr.
While speculation won’t stop every time soon, the message from Truth Social is clear: no memecoin. Instead, the Truth Social platform appears focused on functional crypto solutions, not fads. Whether that strategy pays off remains to be seen, but for now, the Trump media gadget isn’t minting memes—it’s coping with expectancies.