Eric Trump Denies Truth Coin Rumors: A 'Fraud' Says He
Eric Trump has denied rumors that his family is preparing to launch a new cryptocurrency called 'Truth Coin'. The rumor gained traction on social media after traders spotted a mysterious token, WWW, with a 1 billion supply on the Robinhood Chain. According to reports, 500 million tokens were set aside for the project's launch, while 300 million would be used for liquidity and another 200 million for growth.
The token quickly gained attention, reaching a market value of $10.24 million, but Eric Trump dismissed the rumors as 'absolutely not true' and called them 'a fraud'. He stated that no one in his family is launching any kind of coin.
The rumor pushed Trump-themed memecoins higher, with TRUMP rising 40% and MELANIA gaining 11%. Community members have warned traders to be cautious, as the Trump family has not officially confirmed the launch of a new token.