Truth Social linked to Donald Trump rumored to join the memecoin craze
Reports have emerged that Truth Social, the social media platform owned by the Trump family, is launching a memecoin. TV host Ran Neuner shared the information on X, noting that it will launch in 72 hours.
Neuner, who serves as the host of Cryptotrader on CNBC, added that the team behind the TRUMP memecoin is also behind this specific launch.
He said:
“Truth Social memecoin will launch in the next 72 hours. It seems to be the same team as the $TRUMP team. Keep an eye on it.”
However, the social media personality and Cryptobanter did not provide any further information about the token or include any sources that could verify the authenticity of his information.
With no sources confirming the authenticity, the post has started to generate exchanges within the cryptocurrency community. Most reactions have been skepticism or curiosity. Some people questioned whether the report was true, while others concluded that this was just another rumor.
utility
Meanwhile, this is not the first time information about the release of a token linked to Truth Social has been reported. In fact, Trump Media & Technology Group, the public company that owns Truth Social, recently stated in a letter to shareholders that they are exploring the introduction of a token.
However, it noted that it would be a utility token that could be used for various purposes within the Trump ecosystem.
Reports have emerged that Truth Social, the social media platform owned by the Trump family, is launching a memecoin. TV host Ran Neuner shared the information on X, noting that it will launch in 72 hours.
Neuner, who serves as the host of Cryptotrader on CNBC, added that the team behind the TRUMP memecoin is also behind this specific launch.
He said:
“Truth Social memecoin will launch in the next 72 hours. It seems to be the same team as the $TRUMP team. Keep an eye on it.”
However, the social media personality and Cryptobanter did not provide any further information about the token or include any sources that could verify the authenticity of his information.
With no sources confirming the authenticity, the post has started to generate exchanges within the cryptocurrency community. Most reactions have been skepticism or curiosity. Some people questioned whether the report was true, while others concluded that this was just another rumor.
utility
Meanwhile, this is not the first time information about the release of a token linked to Truth Social has been reported. In fact, Trump Media & Technology Group, the public company that owns Truth Social, recently stated in a letter to shareholders that they are exploring the introduction of a token.
However, it noted that it would be a utility token that could be used for various purposes within the Trump ecosystem.
