Donald Trump Jr. has denied viral rumors by crypto influencers that Fact Social — the conservative social media platform tied to former President Donald Trump — is launching a memecoin.
Notorious influencer Ran Neuner pushed claims and a viral publish on an upcoming Fact Social token, saying it was from the identical staff because the TRUMP memecoin.
“There’s no reality in any respect about Fact Social launching a memecoin,” Trump Jr. wrote on X late Monday. “Don’t be fooled by false data persons are circulating.”
There’s no reality in any respect about Fact Social launching a memecoin. Don’t be fooled by false data persons are circulating. https://t.co/rbmcoT1tB3 pic.twitter.com/VDOEd8cqGr
— Donald Trump Jr. (@DonaldJTrumpJr) Might 12, 2025
The clarification amid a wave of unaffiliated “Fact”-themed tokens showing throughout Ethereum and Solana-based buying and selling platforms, information from DEXTools reveals.
World Liberty Monetary (WLFI) — a DeFi challenge tied to the Trump household — reaffirmed Trump Jr.’s assertion.
“Don’t be fooled. There isn’t a new Trump crypto challenge,” WLFI posted on X. “WLFI is the one DeFi challenge backed by the Trumps. Anybody else pushing faux tokens is only a scammer making an attempt to reap the benefits of individuals who don’t know higher.”
The Trump-backed Fact Social, launched in 2022, has by no means formally engaged with crypto regardless of rising hypothesis round political tokens.
The platform does intend to launch a rewards coin with an hooked up digital pockets, nevertheless, per a shareholder letter from late April.
