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$TRUMP Token Jumps 38% Amid Rumors of New Coin Launch

Guavy AI Editorial Team Published August 22, 2026

Instruments

ETH TRUMP TRU

Eric Trump responded to claims that his family was launching a new cryptocurrency coin on Saturday, calling the rumors 'a fraud.'

In a statement posted on his X account, Eric Trump stated, 'What a joke... This is absolutely not true. No one is launching any kind of coin.'

The denial came as the $TRUMP token surged 37.9% in value over 24 hours to reach $2.47, with a range of $1.79 to $3.60.

A separate X post claimed that a fresh Robinhood Chain wallet had received 290 ETH and was interacting with 'WWW / ‘Truth Coin’ contracts.'

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