Truth Social Denies Launching Meme Coin Amid Speculation of Trump-Branded Cryptocurrency

By: en coinotag|2025/05/13 16:30:09
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Truth Social and Trump-affiliated entities deny rumors of a Truth Social meme coin launch, labeling them as misleading. Speculation about a Trump-branded cryptocurrency surged after a viral tweet, but no official confirmation has been made. World Liberty Financial (WLFI) is the only DeFi project endorsed by the Trump family, according to official sources. Truth Social’s rumored launch of a meme coin has been firmly denied by Trump-affiliated entities, clarifying the landscape of speculation surrounding Trump-branded cryptocurrencies. No Truth In Truth Social Meme Coin Rumors The controversy began Monday when Ran Neuner, founder and host of the popular Crypto Banter show, posted on X (Twitter) that the Truth Social meme coin is imminent. “Truth Social Memecoin launching in the next 72 hours. Seems like a similar gang to the $TRUMP team. Keep your eyes and ears peeled,” Neuner shared. The post quickly went viral, sparking a frenzy among meme coin traders and Trump-themed token enthusiasts. Many speculated that the new coin would follow in the footsteps of the TRUMP coin, the token that surged in popularity during the US election season. However, several entities affiliated with President Trump have put out the claims, including Truth Social itself. Truth Social denies meme coin rumors. Source: Truth Social account In the same tone, World Liberty Financial (WLFI), the Trump family’s decentralized finance (DeFi) project, slammed the rumors. “Don’t be fooled. There is no new Trump crypto project. WLFI is the only DeFi project backed by the Trumps. Anyone else pushing fake tokens is just a scammer trying to take advantage of people who do not know better,” WLFI articulated. Donald Trump Jr., one of the president’s sons, also echoed the warning, noting, “There’s no truth whatsoever about Truth Social launching a meme coin.” Labeling the claims as misleading, he also urged users not to fall victim to false information. In response to the backlash and confirmations from official sources, Neuner followed up with another post acknowledging the denials. Meme Coin Speculation is Down But Not Out Still, some confusion remains. Observers pointed out that Truth Social’s name on X appears with the tag “$DJT.” “Why do they have $DJT in their name?” a user quipped. The sentiment is that DJT, the Trump Media & Technology Group (TMTG) stock ticker, could also be misconstrued as a cryptocurrency symbol. This detail fueled speculation, especially as $DJT was trending on several crypto meme token forums. Adding to the intrigue, previous reports had suggested that Truth Social and its parent company were exploring the idea of launching a cryptocurrency to enhance platform utility. TMTG’s CEO and Chairman, Devin Nunes, outlined the company’s plans to expand its digital offerings and explore various monetization avenues for Truth+. Specifically, Trump Media was considering a token launch to create an internal economy across its media properties. However, no timeline or formal announcement ever materialized. “As part of a rewards program, we’re exploring the introduction of a utility token within a Truth digital wallet,” Nunes wrote. The denial from all parties, however, appears unequivocal. There is no confirmed Truth Social cryptocurrency project, meme coin, or otherwise. Still, the rapid spread of the rumor and the market reaction that followed reflect the intense speculation surrounding Trump-branded crypto assets. Conclusion The fervor around a supposed Truth Social meme coin demonstrates the volatile landscape of cryptocurrency speculation. The firm denials from Trump-affiliated parties serve as a cautionary reminder for investors to rely on verified information. With only World Liberty Financial firmly endorsed by the Trump family, the prospect of new Trump-related crypto assets remains unsubstantiated at this time. Individuals interested in such ventures should approach with caution and stay informed.

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BeatSwap is evolving towards a full-stack Web3 infrastructure, covering the entire lifecycle of IP rights.

The core product "Space" is scheduled to launch in Q2 2026, driven by SocialFi


BeatSwap, a global Web3 Intellectual Property (IP) infrastructure project, is attempting to overcome the current fragmentation limitations of the Web3 ecosystem, building a full-stack system that covers the entire lifecycle of IP rights.


Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.


BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:


· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure


Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.


Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure


BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:


Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand


The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.


In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.


"Space" to Launch in Q2 2026: Building the Core of SocialFi


BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.


Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures


Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading


$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier


$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.


Main features include:


· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion


With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.


Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility


Currently, $BTX has been listed on several mainstream exchanges, including:


Binance Alpha

Gate

MEXC

OKX Boost


As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.


Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets


BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.


By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."


Conclusion


BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.


With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.


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