Trump crossposting Twitter account advertises fake memecoins that make $1.25 million

Tweet by TrumpDailyPosts: "Introducing a new OFFICIAL meme $POWER, a token for patriots who stand with my vision for a strong America. This is YOUR chance to join the movement and stand for the values that make America great! pump.fun/coin/D5AuEQTd3... Let's fight to bring back power to the people of America! Donald Trump Truth Social 08:30 PM EST 01/20/25"Tweet by @TrumpDailyPosts (attribution)
A Twitter account called @TrumpDailyPosts has more than 1.3 million followers on Twitter. While the account does automatically crosspost to Twitter any posts Donald Trump makes on his Truth Social account, it also posts Trump-related news and other tweets.

After the Trump family actually did launch the $TRUMP and $MELANIA memecoins, several more tweets by the @TrumpDailyPosts account appeared to crosspost additional announcements by Donald Trump on Truth Social of memecoins with names like $POTUS, $WIN, $POWER, and $MAGA. The tweets contained the date and timestamps that normally establish that a post on the account is a repost of Trump's genuine Truth Social posts.

It's not clear if the @TrumpDailyPosts Twitter account was hacked or if those running it decided to scam their followers. However, by sharing the now-deleted posts to their large following, they made around $1.25 million from people who were hoping to hop on the trend and buy in early to new Trump-backed memecoins.