Donald Trump Jr. Just Killed the Truth Social Memecoin Dream—You Won’t Believe Why!

Right. For anyone who woke up this morning in a state of panic, clutching their phone, and wondering if it was finally time to trade their entire life savings for a Truth Social meme-tastic crypto coin—spoiler alert—absolutely not. 🤦‍♀️ Trump Media & Technology Group has stomped on the rumor faster than you can say “blockchain bandwagon.” Their official Truth Social feed basically came out with, “Not today, internet. No memecoins here, thank you very much.”

Meanwhile, Donald Trump Jr. popped onto X (formerly known as Twitter, but also known as “the app that likes to keep us on our toes”) to add a bit more drama. In a post that practically screamed, “For the love of god, people, stop making stuff up,” Don Jr. insisted, “There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.” Honestly, felt like I should be reading it while wearing a tinfoil hat. 🧢

There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.

— Donald Trump Jr. (@DonaldJTrumpJr) May 12, 2025

How did this all kick off? Because a certain crypto influencer—goes by Ran Neuner, definitely not a Bond villain—couldn’t help but stir the pot. On his podcast “Crypto Banter,” he dramatically whispered that a Truth Social token would arrive in 72 hours. (That’s less “breaking news” and more “teaser trailer for a movie that keeps getting delayed.”) He also dropped hints about mysterious connections to the TRUMP token’s shadowy creators. Because of course he did.

Now, in the least surprising twist since “another celebrity launches a token,” we’re reminded President Trump has been enthusiastically cheerleading for crypto. TRUMP token? Big launch, big drama. MELANIA token? Because why not, it’s a family affair. 👨‍👩‍👦‍👦. Not everyone’s buying the hype, though. Half the internet is still clutching pearls over controversies that seem to multiply like meme rabbits.

In another episode of “Wait, this is real life?” Trump decided to throw a gala dinner for top TRUMP token holders. Because when you’ve got tokens and you know it, throw a party. U.S. senators, ever ready for a stern letter, grumbled about impeaching him over it. (Imagine the dinner conversation. “Pass the salt, and also, you’re impeached.”)

Even Bloomberg had to get in on the action, revealing—with all the subtlety of a sledgehammer—that most TRUMP tokens aren’t even held by Americans. Instead, 220 wallets are hodling over 13.7 million tokens—roughly $174 million—sporting names like “Sun” and “elon.” If Justin Sun and Elon Musk are involved, Indiana Jones might as well show up, too.

Financial soap opera update: TRUMP token hit a heart-stopping high of $73.43 in January, then decided to do a limbo dance, now wiggling along at $12.52—still up 14% this week. Call it crypto Pilates: always stretching in unexpected directions.

And breathe… For now, put away your dreams of Truth Social meme-money. No new coin. No wild crypto party (unless you snagged an invite). The latest storm in the blockchain teacup? Officially debunked. Cup of tea, anyone? ☕

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2025-05-13 09:35

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