TRUMP Tokens Soar Despite Eric Trump's Denial of New Coin Launch
Eric Trump denied rumors of a new cryptocurrency coin linked to his family on Saturday. The denial came after TRUMP and MELANIA tokens saw significant gains, with TRUMP rising 38% over 24 hours.
In a statement on his X account, Eric Trump called the claims 'fraudulent.' He specifically stated that 'no one is launching any kind of coin.'
The rumors surrounding a potential new coin launch were sparked by two X posts claiming an imminent launch and unexplained contract activity on Robinhood Chain. One post mentioned a 290 ETH Robinhood Chain wallet interacting with 'WWW / ‘Truth Coin’ contracts,' but did not provide further details.