The “funny coin” of former U.S. President Donald Trump’s social network, Truth Social, is set to launch within the next three days, according to Ran Neuner, founder of Crypto Banter and host of Crypto Trader on CNBC.
Truth Social Memecoin launching in next 72 hours. Seems like similar gang to $TRUMP team.
Keep your eyes and eyes peeled.
— Ran Neuner (@cryptomanran) May 12, 2025
According to him, the team developing the token “resembles the creators of TRUMP.”
“Keep your eyes open,” Neuner warned.
At the time of writing, TRUMP is trading at $14.5, with a weekly increase of 31.3%.
Truth Social is a platform developed by Trump Media & Technology Group (TMTG) and launched in 2022. As of November 2024, the number of active users stands at 2 million.
In February 2025, Trump’s firm, the Trump Organization, filed a trademark application for TRUMP for a planned metaverse dedicated to the president.
In April, U.S. Democratic Senator from Georgia, Jon Ossoff, described Trump’s announced dinner for TRUMP whales as “exceeding any previous standards for impeachment.”
Later, TMTG announced plans to launch a crypto ETF in collaboration with Crypto.com and Yorkville America Digital.
The CEO of TMTG stated that the firm is considering launching a token and wallet for payments on the streaming platform Truth+.