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ETH 
MELANIA 
TRUMP Eric Trump denies rumors of new tokens, calling it fraud.
Eric Trump denies rumors that the Trump family is launching a new cryptocurrency called "Truth Coin", calling reports fraud. The rumor stems from the unusual activity of a token called WWW on Robinhood Chain, which traders linked to the so-called "Truth Coin" issue. As rumors spread, the price of Trump-related tokens rose. According to data, TRUMP tokens rose 40%, and MELANIA tokens rose 11%.
On August 22, Eric Trump denied on Platform X (formerly Twitter) that the Trump family planned to launch a new cryptocurrency,"Truth Coin." This rumor stems from traders noticing a new WWW token and wallet activity on Robinhood Chain. Eric said no one was issuing any tokens and called statements to the contrary fraud.
Rumors about new WWW tokens spread
The rumor grew after WhaleScan posted on the X platform that Donald Trump was preparing another token. The account claims that, like Trump's previous tokens, it will be the first to report on the launch. Subsequently, focus shifted to a WWW token on Robinhood Chain. StarPlatinum_linked the token to "Truth Coin" in a post on Platform X. It is said that the total planned issuance of the token is 1 billion, of which 500 million will be available at the time of issuance. About 300 million coins are planned to be used for liquidity and 200 million coins will be reserved for project development reserves. Developer Wallet then received 300 Ethereum (ETH). At the same time, its transaction fee was adjusted from 10% to 0.3%, according to the information provided.
Eric Trump denies token rumors
Eric Trump responded on Platform X that this statement was "absolutely untrue." He said no one was issuing any type of token and warned that statements to the contrary were fraud. His response came after reports that Trump-related tokens had risen amid rumors. According to market data provided, TRUMP tokens rose 40% in one day, while MELANIA tokens rose 11%. The market value of WWW tokens once reached approximately US$10.24 million. However, developer wallets are said to hold 99.9% of the token supply.
This rumor comes at a time when the Trump family is entering the cryptocurrency field. Eric Trump is associated with World Liberty Financial, a decentralized financial project launched in 2024. The family is also associated with American Bitcoin. At the same time, TRUMP and MELANIA are still Trump related memocoins. Neither World Liberty Financial nor American Bitcoin were involved in this new token rumor. The Trump Media and Technology Group, which owns the Truth Social platform, has explored cryptocurrencies and predictive market plans, but the company now appears to be more focused on Bitcoin than issuing new tokens.
