WLFI warns rumors of new Truth Social token launch is false
The post WLFI warns rumors of new Truth Social token launch is false appeared on BitcoinEthereumNews.com.
Trump family-backed World Liberty Finance, on May 13th, issued a “fake news alert” debunking rumors that Truth Social was launching a memecoin. Their comments came after CNBC’s Neuner spread rumors about the memecoin launch. Donald Trump’s World Liberty Financial dismissed rumors about launching a Truth Social memecoin and an NFT marketplace today. The WLFI team warned the crypto community not to “be fooled,” stating, “There is no new Trump project.” World Liberty Finance clarified that WLFI was the only DeFi project backed by the Trumps and “anyone else pushing fake tokens” was “just a scammer trying to take advantage of people who don’t know better.” Don’t be fooled. There is no new Trump crypto project. 🦅WLFI is the only DeFi project backed by the Trumps.Anyone else pushing fake tokens is just a scammer trying to take advantage of people who don’t know better. https://t.co/SxUs9zh9Wc — WLFI (@worldlibertyfi) May 13, 2025 The controversy began Monday when Ran Neuner, founder and host of the popular Crypto Banter show, posted on X (Twitter) that the Truth Social memecoin was imminent. The rumor was that the Trump team would also unveil the ‘Trump Points’ NFT marketplace–a platform designed for buying and selling NFTs. Neuner’s post quickly went viral, sparking a frenzy among memecoin traders and Trump-themed token enthusiasts. Many speculated that the new coin would follow in the footsteps of the TRUMP coin–the token that surged in popularity during the U.S. election season. However, several entities affiliated with President Trump have dismissed the claims, including WLFI and Truth Social itself. Don’t be fooled. There is no new Trump crypto project. 🦅WLFI is the only DeFi project backed by the Trumps.Anyone else pushing fake tokens is just a scammer trying to take advantage of people who don’t know better. https://t.co/SxUs9zh9Wc — WLFI (@worldlibertyfi) May…
Filed under: News - @ May 13, 2025 10:28 am