Will Donald Trump Issue a Second Cryptocurrency? A Response to the Claims!

Recently, there have been rumors in the Crypto market that Truth Social, the social media platform owned by Donald Trump, will launch a memecoin.

However, Truth Social denied the latest rumors, announcing from its official account that it will not launch a memecoin.

"False news alert:"

Contrary to rumors, Truth Social is not launching a memecoin.

Donald Trump's eldest son Donald Trump Jr. also said on his X account, "There is no truth to the claim that Truth Social is launching a memecoin. Don't be fooled by the misinformation being circulated."

Rumors began to spread after CNBC's Crypto Banter podcast host Ran Neuner claimed that Truth Social would issue a token and it would be launched within the next 72 hours.

Warning from the Trump Project!

World Liberty Financial, the cryptocurrency project of Trump and his family, also warned users about claims and fake projects.

World Liberty Financial (WLFI) stated that the recent claims about a new Trump crypto project on X are false.

WLFI emphasized that it is the only DeFi project that has been officially approved by the Trump family. The team stated that all other tokens claiming ties to Trump are scams.

"Don't be deceived. There is no new Trump crypto project."

WLFI is the only DeFi project supported by Trump.

Anyone who spreads fake tokens is a scammer trying to take advantage of people who do not know better.

Don’t be fooled. There is no new Trump crypto project. 🦅 WLFI is the only DeFi project backed by the Trumps. Anyone else pushing fake tokens is just a scammer trying to take advantage of people who don’t know better.

— WLFI (@worldlibertyfi) May 13, 2025