Members of the Trump family have dismissed reports regarding a potential new cryptocurrency launch. The speculation started when Whale Scan, a monitoring account on X, posted on social media about a coin launch allegedly linked to Trump.
Eric Trump directly denied the claim. His response highlighted the family’s recent statements dismissing involvement with cryptocurrencies.
Whale Scan Sparks Fresh Speculation
Whale Scan’s post placed another potential Trump-linked token in the spotlight, although the account offered no evidence establishing that launch.
🚨 BREAKING 🚨
DONALD TRUMP IS OFFICIALLY ABOUT TO LAUNCH HIS NEW COIN
I WILL BE THE FIRST TO CALL IT LIKE I DID WITH HIS LAST COIN $TRUMP $MELANIA
NOTIFICATIONS ON!!!
— Whale Scan (@WhaleScan) August 22, 2026
The claim reminded users of the TRUMP memecoin introduced by President Donald Trump before his second inauguration. The coin attracted a lot of speculation, and its price hit $75.35 before dropping sharply. Melania Trump’s MELANIA token had a similar fate, reaching $13.73 before losing over 99% of its value.
These previous performances raised concerns among community members about whether a new launch could lead to the same outcome. Crypto users responded with skepticism, humor, and worry. Many expressed fatigue over celebrity tokens and the potential risks for regular investors.
While some questioned the credibility of Whale Scan, others worried about the harm another unstable launch might cause to smaller investors. However, until there is stronger evidence, Whale Scan’s post remains just a claim and does not confirm that a new Trump family coin is coming.
Eric Trump Delivers Blunt Rejection
Eric Trump’s response arrived quickly, refuting claims about another incoming Trump family coin.
What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud. https://t.co/H0nWXNL8rn
— Eric Trump (@EricTrump) August 22, 2026
The blunt response effectively closed the immediate speculation, although it cannot erase memories of previous Trump family crypto ventures. His denial also arrives amid renewed scrutiny over how public officials should separate political responsibilities from private crypto interests.
Meanwhile, the official TRUMP token rose over 26% in the past 24 hours following the news of the supposed incoming cryptocurrency. It sold for $2.32 at the time of writing.
Recently, President Trump backed an ethics provision negotiated around the Senate’s stalled CLARITY Act, addressing precisely those concerns. The provision would prohibit federal officials, including presidents and members of Congress, from issuing or offering digital assets while serving.
That scrutiny intensified because Trump’s financial disclosures showed substantial income from crypto ventures, including TRUMP and World Liberty Financial.
Chris Lion | August 21, 2026
