Donald Trump Jr. is setting the record straight after viral rumors spread across the crypto community claiming that Truth Social — the social media platform linked to former President Donald Trump — is launching its own memecoin.
“There’s no truth whatsoever about Truth Social launching a memecoin,” Trump Jr. posted on X (formerly Twitter) late Monday. “Don’t be fooled by false information people are circulating.”
The statement comes after crypto influencer Ran Neuner posted claims that a Truth Social token was in the works, allegedly tied to the same creators behind the TRUMP memecoin. The post quickly gained traction among crypto circles, sparking a frenzy of speculation.
Adding to the confusion, several “Truth”-branded tokens began appearing across decentralized exchanges (DEXs) on both Ethereum and Solana, according to data from DEXTools. These tokens, however, have no official connection to Truth Social or the Trump family.
World Liberty Financial (WLFI), a decentralized finance (DeFi) project that says it is affiliated with the Trump family, also issued a statement backing Trump Jr.’s comments.
“Don’t be fooled. There is no new Trump crypto project,” WLFI wrote on X. “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.”
Despite the growing interest in political-themed crypto projects, Truth Social has never officially entered the crypto space. However, according to a shareholder letter from April, the platform is planning to introduce a digital rewards coin paired with an in-app wallet — though details remain limited.
For now, crypto traders and Trump supporters alike are being warned: steer clear of “Truth” tokens claiming to be official unless directly confirmed by the platform.
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