According to sources, President Donald Trump will be holding a special VIP dinner for the top holders of his country on May 22. His meme coin has started to gain a lot of media attention.
Also, there are growing rumors that a second Trump-themed Cryptocurrency might be coming soon; this has caused excitement in the crypto world.
Recently, rumors have been circulating about Donald Trump’s connection to a new meme token. Social media buzz focused on the possibility that Truth Social, Trump’s social media platform, was set to launch a new meme coin cryptocurrency.
These rumors gained traction after crypto influencer Ran Neuner, on Monday, May 12, claimed on social media that a new Truth Social token would be released soon.
VIP Gala Sparks Surge in Rumor
The $TRUMP meme coin, which is built on the Solana Blockchain, was launched just three days before Donald Trump’s second inauguration on January 17, 2025. It quickly rose to a price of $75, but then it dropped to around $12.32 in the following weeks.
However, the coin has regained attention because of the Major event, which is a private dinner with Donald Trump; this dinner is offered to the top 220 wallets. This event has added sparks to the rumor that Donald Trump might introduce his second meme coin.
Trump’s Growing Crypto Influence
As of May 2025, its total net worth is $2.74 billion. Companies that are linked to the Trump family have ownership of 80% of the coins that are remaining.
Since the launch year, they have gained over $320 million. The project has been very profitable for both big investors and the Trump family’s businesses.
Rumors of a Second Trump Coin
There were some rumors on May 12, 2025, that Donald Trump’s media company, Truth Social, is set to launch a new meme coin.
However, Donald Trump Jr. has quickly denied these claims on X; he called them wrong information and warned people not to fall for these scams. He clarified that they are not working on any new project.
The World Liberty Financial, which is a DeFi project linked to the Donald Trump family, has supported this clarification.
Even though the denial was made, rumors about President Trump launching a new coin are still spreading. This is fueled by speculation about his political influence and the possibility that his brand may expand further in the crypto world.
Interestingly, Truth Social has mentioned that they are planning to introduce reward coins with digital wallets, as stated in the shareholders’ letter from April 2025.
However, the platform has not yet officially entered the cryptocurrency market beyond these plans.
Ethical Concerns and Criticism
The $TRUMP coin has attracted a lot of attention, but it has also raised concerns about President Trump’s role in crypto. Critics, like Senator Chris Murphy, have argued that the project might cause corruption, as it could allow anonymous foreign donors to buy influence.
The Trump family’s control over a large portion of the token supply has raised debates about the conflicts of interest and the potential for personal gains.
Conclusion
Donald Trump has not officially confirmed any new meme coin projects, but speculation around Truth Social and the $TRUMP tokens is continuing to grow. Despite the controversy, there is excitement in the market, which is driven by the promise of exclusive perks and due to the influence of the former president.
It is still not clear whether another Trump coin will emerge or if the current $TRUMP token will regain its momentum. However, one thing is certain: President Trump is continuing to make his Mark on the crypto world by mixing politics, celebrity, and Blockchain speculation in a way that few others have managed to do.
FAQs
1. When did the Trump meme coin rumor start?
On May 12, 2025, just after Ran Neuner, a crypto influencer, made a claim.
2. Is Trump launching a meme coin?
No, Donald Trump Jr. denied it on May 12.
3. What’s the $TRUMP coin VIP dinner?
May 22 $TRUMP coin VIP dinner is for top $TRUMP holders which is hosted by Trump.
4. What is Truth Social’s role in crypto?
Truth Social hasn’t entered the crypto market yet, but it plans to launch reward coins through digital wallets.
5. Why is the $TRUMP coin trending?
Because of the VIP event, Trump links, and strong returns for investors.
Glossary
VIP Dinner- A special event where only top $TRUMP coin holders are invited to dine with Donald Trump.
Secondary Market- Where people trade crypto coins after their official launch.
Reward Coins- Future digital tokens that might be given to users as incentives or bonuses
Crypto Influencer- A person on social media who shares news and opinions about cryptocurrency.
$TRUMP Coin- A meme-based cryptocurrency tied to Donald Trump’s name and brand.
Sources
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