Anecdotes surrounding the new encrypted tokens to be introduced by the Trump family spread rapidly on social platforms over the weekend. Eric Trump then publicly denied that the so-called “Truth Coin” did not exist and that any claim that the family would issue the new currency was fraudulent.
Rumours are triggered by new tokens.
This round of news started with a post on X platform. The relevant account number stated that Trump was about to “formally” introduce a new currency. Subsequently, a token named WWW, known by some traders as “Truth Coin”, appeared on Robinwood Chain, further widening market speculation.
According to the information circulated, the total supply of the coin is said to be 1 billion, of which 500 million are scheduled to be released on line. According to other accounts, about 300 million will be used for liquidity and 200 million will be reserved for project growth.
The chain is moving up and down.
The chain observers also mentioned that a developer's wallet had received 300 ETH and that the currency transaction rate had been reduced from 10 per cent to 0.3 per cent. As a result of this information, the market value of WWW rose to about US$ 10.24 million.
At the same time, however, reports suggest that the developer ' s wallet is reported to hold 99.9 per cent of the amount of the coin, which also calls into question its authenticity and distribution structure.
TRUMP and MELANIA Short Line High
Faced with ongoing fermentation, Eric Trump made it clear that the Trump family had not introduced any new currency. He claimed that the statement was “unreal at all” and warned that if someone claimed that the family was issuing some kind of token, it would be a fraud.
Despite the rumours that were subsequently denied, the market has experienced significant fluctuations during the information-spreading phase. According to reports, the TRUMP tokens rose by 40 per cent a day, and the MELANIA tokens by 11 per cent, indicating that traders had quickly pursued encrypted assets associated with the Trump family.
