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Eric Trump denies rumors of new Trump family cryptocurrency amid token price spikes

Market News
23 Aug 2026
Blockonomi
View Source
Bullish
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Eric Trump publicly dismissed rumors about the Trump family launching a new cryptocurrency, calling such claims fraudulent. The speculation began after unverified posts on social media suggested a new Trump coin was imminent, causing existing Trump-branded tokens TRUMP and MELANIA to surge by 38% and 18.4% respectively. Despite the price volatility, no official confirmation or credible evidence has been provided, and Eric Trump’s statement remains the only authoritative response. This episode highlights how quickly baseless rumors can impact crypto markets, especially when linked to well-known names like the Trumps.

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