President Donald Trump’s son Eric Trump has rejected viral claims that the Trump family is preparing to launch a new cryptocurrency called “Truth Coin.” The rumor spread after traders spotted a new token and unusual wallet activity on Robinhood Chain.
Meanwhile, the rumour pushed Trump-linked tokens like TRUMP and MELANIA to surge over 40%.
How the New Trump Token Rumor Started
The rumor quickly spread on X after a post from WhaleScan said Trump is “officially” about to launch a new coin. Further, the account said that WhaleScan would be the first to report it, as it did with Trump’s last coin.
