Another TRUMP Coin? Eric Trump Shuts Down New Crypto Rumors
Eric Trump denied that President Donald Trump is making ready to launch a brand new coin, calling the declare fraudulent in a publish that drew 2.1 million views on X.
He responded to a publish claiming the President was launching a brand new coin.
Follow us on X to get the newest information because it occurs
Three Trump-Linked Coins Trade Far Below Their Peaks
The denial issues a brand new token. Nonetheless, three Trump-linked property already commerce, however their efficiency has been removed from spectacular. Each trades sharply under its all-time high.
Official Trump (TRUMP) launched on Solana on January 17, 2025, three days earlier than the second inauguration. It reached $73.43 inside two days and has since misplaced most of its worth.
TRUMP set a report low of $1.37 on August 13 and has since climbed about 88%. That rebound tracked a broader market rally.
Melania Meme (MELANIA) adopted two days after TRUMP. It now adjustments fingers for round $0.086, about 99% under its peak, with a market worth of $86 million.
Trump-backed World Liberty Financial (WLFI) began trading in September 2025 and briefly touched $0.33. Eric Trump additionally lists it in his X profile. The governance token sits close to $0.06, roughly 78% down.
Losses, Senate Scrutiny, and Public Opposition
The declines have had a measurable price for consumers. Blockchain analytics agency Nansen beforehand tracked about 1.48 million wallets that purchased TRUMP. It counted 988,905 underwater, with $3.81 billion in combined losses.
As of the newest information, the image has not modified a lot. Among wallets nonetheless holding significant TRUMP, the bulk are underwater. Nansen information persistently reveals ~85–95%+ of held positions at a loss, most clustered close to −97% unrealized ROI.
However, the end result has been different for the President himself. Trump reported greater than $1.4 billion in crypto earnings for 2025. His disclosure listed over $500 million from WLFI gross sales and greater than $600 million by means of CIC Digital.
Senate Democrats, together with Elizabeth Warren and Richard Blumenthal, have pushed for investigations into potential nationwide safety dangers from Trump’s crypto ties.
Public backlash has additionally adopted. A Reuters/Ipsos poll found 63% of Americans name the earnings inappropriate, whereas 69% stated his enterprise pursuits form presidential choices.
Senators face a procedural vote on the CLARITY Act on September 15. One draft provision would bar sitting officers from issuing digital property, turning Eric Trump’s denial right into a authorized requirement.
Subscribe to our YouTube channel to observe leaders and journalists present skilled insights
The publish Another TRUMP Coin? Eric Trump Shuts Down New Crypto Rumors appeared first on BeInCrypto.
