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Eric Trump Denies Rumors of New Trump-Linked Cryptocurrency Launch

Guavy AI Editorial Team
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TRUMP TRU
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Eric Trump, President Donald Trump's second son, has denied rumors that a new cryptocurrency linked to his father would soon be launched. The price of an existing Trump meme coin surged after the rumors spread.

The controversy began with a post on X claiming Donald Trump would officially launch a new coin soon. However, it provided no specific details such as an official announcement or token ticker.

Eric Trump took to his X account to dismiss the claims, stating 'What a joke. This is absolutely not true.' He added that 'No one is launching any kind of coin' and warned that spreading such claims could be considered a fraud.

The price of TRUMP rose 37.9 percent over 24 hours to $2.47 on CoinGecko, while MELANIA linked to Melania Trump rose 18.4 percent to $0.1112. However, the cause of these gains cannot be conclusively attributed to the rumor.

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