Eric Trump Refutes Claims of a New Trump-Linked Coin Amid Price Surges

Eric Trump used his verified X account to dismiss circulating rumors that a new Trump‑related token was about to launch. The denial came as the existing TRUMP and MELANIA tokens experienced notable price increases.

Denial of a Planned Launch

Trump posted that the claim of a forthcoming coin was “absolutely not true” and labeled any suggestion of a launch as fraudulent. The statement directly addressed a prior Whale Scan post that announced a “new coin” without providing a ticker or contract details.

Details of the Rumor

A second X post claimed a fresh wallet on the Robinhood Chain had received 290 ETH and was interacting with “Truth Coin” contracts, but it offered no wallet address or clear ownership information.

Market Activity

CoinGecko data showed the TRUMP token trading at $2.47, up 37.9% in the last 24 hours, with a price range of $1.79‑$3.60. The MELANIA token rose 18.4% to $0.1112, moving within a $0.09085‑$0.1614 range. Both tokens remained below their 24‑hour highs.

Conclusion

The price movements occurred without any confirmed announcement from Eric Trump, Robinhood, or a token issuer. The only definitive comment from Trump was that no new coin is being launched.