Eric Trump Denies New Coin Rumors as $TRUMP Jumps 38%

Eric Trump publicly denied claims that a new Trump related cryptocurrency was about to launch, calling the rumors “absolutely untrue” as existing Trump linked tokens TRUMP and MELANIA posted sharp gains over 24 hours.

Rumors Spread Without Verified Details

The speculation began after a Whale Scan post claimed Donald Trump was officially preparing to launch a new coin, though the message did not cite any official announcement, ticker, or contract address. A separate post shortly after alleged that a newly created Robinhood Chain wallet had received 290 ETH and was interacting with contracts referencing terms like “WWW” and “Truth Coin,” but it also failed to identify a specific wallet address or confirm who controlled it.

Eric Trump Pushes Back Directly

Responding on his verified X account, Eric Trump called the claims fraudulent, stating plainly that no one was launching any type of coin and warning that anyone suggesting otherwise was spreading misinformation. His response addressed the overall launch rumor rather than any specific ticker or contract mentioned in the posts.

Market Reaction Despite Denial

Even with the denial, existing Trump-affiliated tokens saw strong momentum, with TRUMP jumping 38% .

MELANIA gaining 18.4% over the same 24-hour period, reflecting how quickly speculative crypto rumors can move token prices regardless of confirmation.