[REVISION HISTORY]

Trump Media cryptocurrency and platform developments

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-23 01:42 UTC → 2026-08-24 03:14 UTC · added ~~removed~~

Trump Media and Technology Group (TMTG) reportedly shifted its strategic focus by halting the development of ‘Truth Predict’, a planned prediction market platform. Instead, the company moved toward a marketing partnership with the cryptocurrency exchange Crypto.com. Following this pivot, rumors circulated on social media regarding the imminent launch of a new cryptocurrency titled ‘Truth Coin’. These claims were ~~supported~~ triggered by ~~unverified reports of significant Ethereum holdings moving through~~ an X post from the account ‘WhaleScan’, which asserted that Donald Trump was officially preparing to launch a new ~~wallet~~ digital coin. The speculation was further fueled by the appearance of an unidentified token known as ‘WWW’ or ‘Truth Coin’ on the Robinhood Chain. While this mystery token reached a market capitalization of approximately $10.24 million, reports indicated that a single developer wallet held 99.9% of the supply. Eric Trump addressed these reports, describing them as ‘a joke’ and ‘absolutely not true’, while warning that those spreading the claims were committing ~~fraud.~~ ‘fraud’. Despite the formal denial, existing Trump-themed meme ~~coins, such as the TRUMP and MELANIA tokens,~~ coins experienced notable market ~~volatility and price increases during~~ volatility. During the period of heightened rumors, the ~~rumors were active.~~ TRUMP token saw price increases ranging from 38% to 40%, while the MELANIA token rose between 11% and 18%.

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