TruthFi is a community-driven meme coin launched on November 21, 2024, with the community takeover happening on November 23, 2024, after the original developers abandoned the project. The initiative is a 'community takeover,' where crypto enthusiasts have stepped in to revive and redefine its purpose. It draws inspiration from a trademark registered by Trump Media & Technology Group, originally intended for crypto payments, sparking curiosity and engagement within the crypto space.