There’s a lot of confusion online about a crypto coin called $TRUTH. Some people think it’s the official cryptocurrency of Truth Social - the social media platform linked to Donald Trump. But here’s the reality: $TRUTH doesn’t exist. There is no token, no blockchain, no wallet you can use to buy or trade it. It’s a myth that’s been repeated so often, it’s starting to feel real.
Truth Social Isn’t a Crypto Project
Truth Social is a social media app. That’s it. It was launched in February 2022 as an alternative to Twitter, aimed at users who felt censored on mainstream platforms. It’s owned by Trump Media & Technology Group (TMTG), a company majority-controlled by Donald Trump. You can download it on iOS and Android. You can post, comment, follow people - just like any other social network.
But it doesn’t have its own coin. It doesn’t reward users with tokens. It doesn’t use blockchain for anything. There’s no staking, no mining, no NFTs. The platform runs on regular servers, mostly hosted by Rumble. Its entire business model is based on advertising and user subscriptions - not cryptocurrency.
Where Did the $TRUTH Myth Come From?
The confusion comes from the stock ticker. TMTG is publicly traded on the NASDAQ under the symbol DJT. That’s a stock - not a crypto token. But because DJT looks like a crypto symbol (like BTC or ETH), people started calling it “$TRUTH” by mistake. Some influencers, YouTube videos, and meme pages even started pretending DJT was a crypto coin. They’d say things like “Buy $TRUTH before it explodes!” - even though that’s not a real thing.
It’s the same kind of mix-up that happens with “$DOGE” or “$SHIB.” People see a ticker and assume it’s a coin. But DJT is a share of a company. If you want to own part of Truth Social’s parent company, you buy DJT stock on a brokerage like Robinhood or Fidelity. You can’t buy it on Coinbase or Binance. You can’t send it to a crypto wallet. It’s not digital currency - it’s traditional stock market equity.
What About Trump’s Real Crypto Moves?
Even though Truth Social doesn’t have a coin, Trump himself has been deeply involved in cryptocurrency - just not through the app.
In early 2025, before his presidential inauguration, Trump launched a memecoin called $TRUMP on the Solana blockchain. That’s real. It’s traded on decentralized exchanges. It has a community. It’s a speculative asset with no utility beyond hype and fandom. People buy it because they support Trump, not because it does anything useful.
Then came the bigger move: in 2025, TMTG announced it had bought $2 billion in Bitcoin. That’s not a marketing stunt. That’s a massive shift in corporate strategy. Instead of focusing on making Truth Social profitable, the company is now acting like a crypto hedge fund. They’re holding Bitcoin as their primary asset. In July 2025, they filed with the SEC to launch a crypto ETF - a fund that would let investors buy exposure to Bitcoin, Ethereum, Solana, and XRP all in one package. This isn’t about social media anymore. It’s about betting on digital assets.
Why Does This Matter?
Because people are losing money believing in $TRUTH. There are scams everywhere. Fake websites selling “$TRUTH tokens.” Telegram groups promising “early access.” YouTube ads telling you to “invest now before it hits $10.” All of it is fake. If you send crypto to any address claiming to be $TRUTH, you’re sending it to a scammer.
Even worse, some people think buying DJT stock is the same as buying $TRUTH. It’s not. DJT is a risky stock - one of the riskiest on the market. TMTG lost over $185 million in 2024 while earning only $3.6 million in revenue. That’s not a sustainable business. The platform has terrible reviews: 2.1 out of 5 on the App Store. Users complain about crashes, slow loading, and broken features. The app takes nearly a minute to load a feed - longer than most dial-up connections from the 2000s.
And yet, DJT’s stock price sits around $24.50 as of December 2025, giving the company a market cap of $2.8 billion. That’s more than Twitter was worth before Elon Musk bought it. Why? Because investors are betting on Trump’s crypto moves - not on Truth Social’s ability to attract users or make money.
The Bigger Picture: Politics and Crypto Are Now Entangled
Trump’s crypto strategy isn’t just business - it’s political. In March 2025, he signed an executive order creating a “Strategic Bitcoin Reserve” for the U.S. government. That’s right - the president proposed storing billions in Bitcoin as a national asset. Critics called it a conflict of interest, since Trump’s own company owns $2 billion in Bitcoin. Nineteen White House officials were found to own crypto assets matching the ones he proposed for the reserve.
Then came the GENIUS Act, passed in July 2025. It was written largely by crypto lobbyists and gives legal cover to stablecoins used for payments. Suddenly, crypto is getting government support - but only for projects tied to Trump’s interests.
Analysts are divided. Raoul Pal from Real Vision says DJT could hit $100 if Bitcoin keeps rising. But traditional investors like John Donovan (former CTO of AT&T) warn: “You can’t turn a failing social media app into a crypto empire by buying Bitcoin. You still need users, revenue, and a working product.”
What Should You Do?
If you’re looking for $TRUTH - stop. It doesn’t exist. Don’t waste your time or money chasing it.
If you’re interested in Trump’s crypto ventures, here’s what’s real:
- $TRUMP - a memecoin on Solana. High risk, zero utility.
- DJT stock - a volatile stock tied to a failing app and a crypto bet.
- TMTG’s upcoming ETF - a fund that could let you invest in Bitcoin, Ethereum, and other cryptos through a traditional brokerage.
None of these are connected to Truth Social as a platform. Truth Social is just a distraction - a brand name being used to sell something else.
Final Reality Check
Truth Social has 1.8 million monthly users - down from 4.2 million in 2023. That’s less than Gab or Parler. Its app crashes constantly. Its customer support takes three days to respond. Its revenue is tiny. Its losses are massive.
But its stock price is soaring. Why? Because people think it’s a crypto coin. Because they believe in the myth of $TRUTH.
That’s not investing. That’s gambling on a rumor.
The real story isn’t about a coin that doesn’t exist. It’s about how politics, hype, and misinformation are reshaping the crypto market - and how ordinary people are getting burned because they don’t know the difference between a stock and a token.