us President Donald Trump’s son Trump Jr. Once alerted people, he has said that the Reality Social Platform is not launching any Memecoin. In fact, for the last few days, the rumor was spreading rapidly on social media that Reality Social is also going to bring its Crypto Tokens soon. But on Monday Trump JR. Has rejected the news of this on the X platform and appealed to the people to be alert. Let us tell you that Reality Social is a social media platform, which has been launched by Donald Trump’s company Trump Media & Generation Crew (TMTG).
Trump jr. Wrote with its official X handle that, Reality Social is not launching any type of mirmin. This is completely rumored. People should be cautious with the wrong information that are spreading wrong information. Also Trump Jr. Has also shared a screenshot, in which it was written from the official account of Reality Social that – “Contrary to rumors, Truth social is not launching a memecoin.”
Reality Social Memecoin’s rumor spread
Actually Reality Social Memecoin The rumor of launching started with the host Ran Neuner of Crypto Podcast ‘Crypto Banter’. He claimed that “Reality Social’s own token could be launched within 72 hours. He also said that the team of Reality Social may be associated with Trump Token.
Trump family already has two crypto tokens
US President Donald Trump’s inclination towards cryptocurrency is not hidden. Even before assuming the presidential position in January, Donald Trump launched Trump Token, which is currently worth about $ 12.76, while on the other hand, Donald Trump’s wife also introduced $ Melania Token, which is currently trading at $ 0.3714.
Controversy over the dinner of top token holders
The controversy over Trump Token is also no less. On May 22, Donald Trump called Trump Coin’s top holders at dinner, due to this decision Bounce of 50% in $ Trump tokens in the past Had come. After this, there is a earthquake in the American politics. Many Democrats have called it a conflict of interest. On the other hand, Bloomberg has revealed in its report that Most of the Holders of Trump Token are out of the US and around 220 wallets have a total of 13.7 million tokens, costing around $ 174 million. Some of these wallets have names solar and Elon, it is expected that it may include justin solar and Elon Musk.
Conclusion
The news of Reality Social Memecoin launching came out completely false rumors. Trump jr. Has denied it on social media itself. In such a situation, investors in Crypto Market should avoid rumors and should not take steps without investigation.
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