Eric Trump Slams Rumors of New Trump Token as 'Fraud'

Eric Trump recently denied rumors of a new Trump token, calling claims 'fraud'.

The denial came after an X account claimed President Donald Trump was preparing to launch another cryptocurrency. Eric Trump responded with a categorical statement: 'What a joke… This is absolutely not true. No one is launching any kind of coin.'

Despite the lack of evidence, the rumor had already gained traction, with some traders speculating about a new token called WWW, also known as 'Truth Coin.'

The WWW token was promoted on Robinhood Chain and reportedly had a maximum supply of 1 billion units, but no verified connection to Donald Trump or his family's established cryptocurrency ventures.

Eric Trump's denial attracted significant attention due to the Trump family's extensive ties to cryptocurrency through tokens like TRUMP and MELANIA. The episode highlights a recurring problem created by high-profile celebrity and political memecoins: fraudulent launches can appear plausible because authentic versions already exist.