Rumors have circulated regarding Truth Social’s potential launch of a memecoin, however the social media network has vehemently denied these claims. In a statement on its platform, Truth Social clarified that it is not launching any such token. This denial follows reports from influencer Ran Neuner who indicated a Truth Social token launch imminent within the next 72 hours and alleged connections to the TRUMP token’s team. Further details remain uncertain as sources like Crypto Banter have yet to provide confirmation on the source of these claims. Truth Social itself is owned by Trump Media & Technology Group, with Donald Trump holding a majority stake in the company.