According to CoinMeta, Eric Trump denies rumors that the Trump family is about to launch a new cryptocurrency token, stating that these reports are purely fraudulent. Previously, speculation surrounding a mysterious token named “truth coin” sparked a new wave of hype, causing Trump-related tokens to rise by over 40% in a short period. During this time, Trump Media and Technology Group explored plans for cryptocurrencies and market forecasting, but they now seem to be focusing more on Bitcoin rather than launching new tokens. Community members have warned traders to be cautious about dealing with such replicated tokens, especially before official confirmation from the Trump family is obtained.