**News Flash: Trump-Themed Crypto Crashes Amid Denial**

A Donald Trump-themed cryptocurrency, Restore the Republic (RTR), has nosedived by 95% after it was revealed to have no ties to the Trump family. Initially, RTR's price surged to $0.1490 following a now-deleted post by Students for Trump chair Ryan Fournier, suggesting it was an official Trump token. However, Eric Trump’s firm denial sent the token plummeting to $0.0091.

Before the denial, speculation was rife about a potential Trump memecoin, with many in the crypto community expressing concerns. Donald Trump Jr. later clarified he is working on a new decentralized finance platform aimed at addressing banking inequality, but details remain sparse.

This isn't the first time a Trump-related memecoin has faced volatility. On Aug. 5, TrumpCoin (DJT) dropped 95% amid a broader crypto downturn. Conversely, the MAGA (TRUMP) memecoin saw a 30% surge following an assassination attempt on Trump in July.

Investors are reminded to conduct thorough research, as the crypto market remains highly volatile.