Truth Social Plans Meme Coin Launch in 72 Hours

Truth Social, the social media platform linked to Donald Trump, plans to launch a meme coin within the next 72 hours, according to CNBC Africa’s Ran Neuner.

Cryptocurrency markets are showing early signs of activity as Truth Social nears its latest meme coin launch within the next 72 hours, potentially affecting related digital assets.

Truth Social plans to introduce a meme coin imminently, a move that could stir market volatility. The announcement follows earlier successes from the $TRUMP token launch, which saw rapid market engagement and high valuation shortly after its release. Ran Neuner mentioned:

“Truth Social platform will launch Meme coins in the next 72 hours. Project team appears similar to $TRUMP token team.”

The project involves Truth Social, linked with former President Donald Trump, and echoes a familiar team composition from the $TRUMP initiative. Despite some speculation, no official confirmation from Truth Social accounts has been provided as of yet.

This new development might influence Bitcoin and Ethereum markets, given the observed shorting activities, although a direct correlation remains uncertain. Additionally, $TRUMP token movements indicate potential anticipatory trading.

Understanding the broader implications, traders could witness increased volatility and market shifts, mirroring previous $TRUMP token trends. Market participants might closely monitor on-chain data and social media channels for potential updates.

Potential financial outcomes include a heightened speculative trading environment and possible impact on Solana-based tokens. Observers are watching for regulatory responses and technological innovations linked to Truth Social’s developments.