Eric Trump Denies New Coin Launch as TRUMP Surges 37.9%

Eric Trump rejected claims that a new Trump-linked coin was being launched on Saturday, calling the rumor fraudulent in a post on his blue-checkmarked X account. “What a joke… This is absolutely not true,” Trump wrote. “No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud.” His post quoted a Whale Scan message published at 2:39 p.m. ET that said, “DONALD TRUMP IS OFFICIALLY ABOUT TO LAUNCH HIS NEW COIN.” The message did not cite an announcement, and it did not identify a ticker or contract address for the alleged token. A second X post, published at 3:03 p.m. ET, claimed that a fresh Robinhood Chain wallet had received 290 ETH and was interacting with “WWW / ‘Truth Coin’ contracts.” That post did not name a wallet address or say who controlled it. Together, the two posts formed the substance of the circulating claim: an imminent Trump coin launch and unexplained contract activity on Robinhood Chain. Neither post included a statement from Trump, Robinhood, or any named token issuer. CoinGecko listed TRUMP at $2.47, up 37.9% over 24 hours, with a range of $1.79 to $3.60. MELANIA was listed at $0.1112, up 18.4%, with a 24-hour range of $0.09085 to $0.1614. Both tokens were still below their listed 24-hour highs. The market data captured the size of the moves while the launch claim circulated, but it did not identify what caused them. Eric Trump’s only direct response was blunt: “No one is launching any kind of coin.”