Coin overview
ME
Ended--
Last price (USDT)
2.41M
24h total (USDT)
3.06M
Total vol (USDT)
2024-11-22 12:00:00 ~ 2024-12-10 13:30:00
Trading time (UTC+0)
2024-12-10 15:00:00 ~ 2024-12-10 19:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
$ME is committed to supporting the MagicEden-led cross-chain ecosystem super dapp strategy, mainly focusing on acquiring more users from different public blockchain or other infrastructure, and allowing users to realize one-stop seamless trading of multi-chain assets.
Eric Trump Threatens Legal Action Against “Official” $TRUMP Crypto Wallet
Eric Trump disputes use of trademark on cryptocurrencies $TRUMP Wallet Does Not Have Trump Family Approval Trump-named crypto projects operate without coordination Eric Trump stated Trump Jr. has publicly stated that his family is considering taking legal action against the launch of the “Official $TRUMP Wallet,” a cryptocurrency wallet launched without the family’s approval. The statement came after a website was released that advertised the product as official, claiming a partnership between GetTrumpMemes.com and the Magic Eden platform. “There is no deal for this product. It has not been approved,” Eric Trump said in a message sent to The New York Times. Trump’s swift reaction came after the publication of promotional materials linking the project to former President Donald Trump and his family members. The project was promoted on social media by accounts associated with Magic Eden and GetTrumpMemes.com. Jack Lu, CEO of Magic Eden, even stated that the product would be legitimate and developed in collaboration with the $TRUMP token team. Our partnership with the $TRUMP team to build @TrumpWalletApp represents our commitment to onboarding mainstream audience deeper into crypto. Most US users (and mainstream users worldwide) use centralized exchanges today, but we know that the newest goals on crypto happens… — Jack (@0xLeoInRio) June 3, 2025 Meanwhile, Donald Trump Jr. has also spoken out, clarifying that although he is involved in the creation of a cryptocurrency wallet by World Liberty Financial (WLFI), this initiative is not related to the project promoted by Magic Eden. Barron Trump, who rarely comments on public matters, also stated that no member of his family is involved with this wallet. To be clear, our family has zero involvement with this wallet. https://t.co/5NE6cZZQlO — Barron X Spaces (@BarronXSpaces) June 3, 2025 Currently, at least four fronts linked to the Trump brand operate in the crypto sector. Trump Media & Technology Group, responsible for Truth Social, recently filed an application with the SEC to launch a spot Bitcoin ETF. Another group is led by Bill Zanker, a former Trump associate who is behind the $TRUMP and $MELANIA tokens. This team is also reportedly involved in developing a Monopoly-style cryptocurrency game. Additionally, WLFI, backed by Donald Trump Jr. and Eric Trump, has launched a stablecoin called USD1 and a governance token, with plans to create a full-fledged DeFi ecosystem. American Bitcoin, another front under the Trump sons’ leadership, is focused exclusively on Bitcoin mining. Despite sharing the Trump brand, these projects operate independently, with no clear alignment. With the family’s public distancing from the “Official $TRUMP Wallet,” the project’s continuity remains uncertain. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss. Tags: Eric Trump
Trump-Branded Crypto Wallet Sparks Confusion as Trump Family Denounces Involvement
A new Trump-branded crypto wallet, launched in collaboration with NFT marketplace Magic Eden and the team behind the $TRUMP memecoin, has triggered a wave of controversy, with members of the Trump family publicly denying any association with the product. Announced on June 3 as “the Official $TRUMP Wallet,” the project was positioned as an official crypto product linked to U.S. President Donald Trump. However, within hours, Trump’s sons — Donald Trump Jr., Eric Trump, and even Barron Trump — firmly distanced themselves and the Trump Organization from the initiative. In a statement posted online, Donald Trump Jr. emphasized, “The Trump Organization has zero involvement with this wallet product,” adding that he is unaware of any such partnership. He clarified that the family’s official crypto initiative will come from World Liberty Financial, which he claimed is preparing to launch its own wallet soon. The Trump Organization has zero involvement with this wallet product. @EricTrump and I know nothing about it. Stay tuned—World Liberty Financial @worldlibertyfi , which we have been working tirelessly on, will be launching our official wallet soon. https://t.co/h1wO7dy6AX — Donald Trump Jr. (@DonaldJTrumpJr) June 3, 2025 Eric Trump echoed the sentiment, calling the wallet unauthorized and warning Magic Eden to “be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.” Barron Trump also broke his social media silence with a post stating the family has “zero involvement with this wallet.” Despite these denials, the project’s website still describes the product as “the Official $TRUMP Wallet by President Trump” and claims Magic Eden has partnered with GetTrumpMemes.com — a platform owned by Fight Fight Fight LLC. That company, in turn, is co-owned by CIC Digital LLC, a firm tied to the Trump Organization. Together, both entities reportedly control a majority of the $TRUMP token supply. The unexpected backlash from the Trump family has drawn sharp reactions from observers. Crypto critic Molly White, who first flagged the inconsistencies, described the ordeal as “absolute chaos,” suggesting a lack of coordination among the various businesses associated with the Trump brand in the crypto space. Neither Magic Eden, the $TRUMP token team, nor Magic Eden CEO Jack Lu — who previously promoted the wallet — have issued any clarifications or statements since the Trump family’s denials. In May, Truth Social denied circulating rumours suggesting it is launching a memecoin. The platform dismissed the speculation as false, reiterating that it had no involvement in any crypto token launch. If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community. “Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
TRUMP Wallet Waitlist Opens: Secure Your Spot for Future Digital Asset Management
Are you keeping an eye on the latest developments in the crypto space, especially new ways to manage your digital assets? A notable announcement has just surfaced: the TRUMP Wallet has officially opened its waitlist for registration. What is the TRUMP Wallet and Who is Developing It? The crypto world is constantly evolving, bringing new tools and platforms to users. The latest project generating buzz is the TRUMP Wallet. This isn’t just another standalone venture; it’s a collaboration between two distinct entities in the digital asset ecosystem: Magic Eden and GetTrumpMemes. Magic Eden: Known primarily as a leading NFT marketplace, particularly strong on the Solana blockchain, Magic Eden’s involvement suggests a focus on digital collectibles alongside traditional cryptocurrencies. Their expertise in user experience and digital asset display could be a significant asset. GetTrumpMemes: This entity is associated with the TRUMP meme coin community. Their participation indicates a likely integration or focus on this specific token and its related ecosystem, potentially tapping into a dedicated user base. According to a report by Wu Blockchain on X, the project is currently in its early stages of development, meaning features and functionalities will roll out over time. Why Join the TRUMP Wallet Waitlist Now? Joining a waitlist might seem like just putting your name on a list, but for early-stage projects, it often comes with potential benefits. While specific perks for the TRUMP Wallet waitlist haven’t been detailed yet, waitlists commonly offer: Early access to the wallet when it launches. Potential for exclusive features or rewards for early adopters. Direct communication channels for feedback during development. Getting ahead of the crowd once the wallet is publicly available. If you’re interested in the intersection of meme coins, NFTs, and a new crypto wallet experience, securing a spot on the waitlist via their official website is the first step. What Future Features Can We Expect? Self-Custody and Digital Asset Management The core announcement highlights two key future capabilities for the TRUMP Wallet: 1. Self-Custody: This is a fundamental principle in the cryptocurrency space, often summarized by the phrase “not your keys, not your crypto.” What it means: A self-custody wallet gives YOU complete control over your private keys. Unlike holding assets on an exchange (where the exchange holds the keys), you are the sole guardian of your digital wealth. Benefit: Enhanced security against exchange hacks or freezes. You don’t rely on a third party to access your funds. Responsibility: With great power comes great responsibility. Losing your private keys or seed phrase means losing access to your assets forever. 2. Digital Asset Management: This goes beyond simply holding tokens. What it means: The wallet aims to provide tools to view, organize, send, receive, and potentially interact with various types of digital assets. Potential Scope: Given Magic Eden’s involvement, this could strongly include NFTs, allowing users to showcase and manage their digital collectibles directly within the wallet interface, alongside cryptocurrencies. It might also involve features like tracking asset value, transaction history, and potentially connecting to decentralized applications (dApps). These features are crucial for any serious crypto wallet aiming to provide users with control and utility in the decentralized web. Considering the Landscape: TRUMP Wallet in a Crowded Market The crypto wallet market is competitive, with many established players offering robust self-custody and digital asset management tools. New wallets need to offer compelling advantages or cater to specific niches to gain traction. The TRUMP Wallet’s connection to the TRUMP meme coin and the involvement of Magic Eden suggest a potential focus on users within that specific community and those interested in NFT integration. Its success will likely depend on its user interface, security implementation, the range of assets supported, and how effectively it serves its target audience compared to existing options. Actionable Insight: Do Your Own Research (DYOR) As with any new project in the crypto space, especially one in early development, it is crucial to do your own research. If you are considering joining the waitlist or using the wallet in the future: Visit the official TRUMP Wallet website to register for the waitlist and gather more information. Follow official announcements from Magic Eden and GetTrumpMemes regarding the wallet’s progress. Understand the risks associated with self-custody and managing your own private keys. Be aware of the project’s associations and decide if they align with your interests. Joining the waitlist is a low-commitment way to stay informed about the TRUMP Wallet’s development. Summary: A New Player Enters the Crypto Wallet Arena The opening of the TRUMP Wallet waitlist marks the beginning of a new project aiming to offer users self-custody and comprehensive digital asset management. Backed by Magic Eden and GetTrumpMemes, this wallet appears poised to cater to a specific segment of the crypto market, potentially with a strong focus on meme coins and NFTs. While still in early development, the waitlist offers interested individuals an opportunity to get early access and stay updated on its progress. Keep an eye on this development as the wallet moves towards a full launch. To learn more about the latest crypto wallet trends, explore our article on key developments shaping digital asset management in the market. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Shocking Trump Crypto Confusion: Team Denies TRUMP Wallet, Hints at Real Project
Rumors and reports often swirl in the fast-paced world of cryptocurrency, and when those rumors involve high-profile figures like Donald Trump, they tend to capture significant attention. Recently, reports surfaced about a supposed “TRUMP Wallet” project entering the crypto wallet space, causing a stir among followers of both politics and digital assets. However, the story took a sharp turn when officials close to the former President quickly moved to distance themselves from the reported venture. What Sparked the Buzz About a TRUMP Wallet? The initial reports that ignited this confusion came from sources like Wu Blockchain, a prominent reporter in the crypto space. The report suggested that a cryptocurrency wallet dubbed the “TRUMP Wallet” was in development. It even went as far as to name potential collaborators, specifically mentioning a joint development effort between the NFT marketplace giant Magic Eden and a separate entity known as GetTrumpMeme. The report indicated that a waiting list registration had reportedly opened for this product, creating an impression that a Trump-branded digital asset storage solution was imminent. Trump Organization Responds: A Clear Denial Regarding the Reported Crypto Wallet In response to the circulating reports about the alleged “TRUMP Wallet,” an official from the Trump Organization provided a direct and unequivocal statement. Speaking to CoinDesk, the official stated plainly that the Trump Organization has absolutely no knowledge of a cryptocurrency wallet project going by the name “TRUMP Wallet.” This denial from the official business entity associated with Donald Trump served as the first major pushback against the report, aiming to clarify that this specific project was not affiliated with their operations or brand. Donald Trump Jr. Adds His Voice to the Trump Wallet Clarification Further reinforcing the denial, Donald Trump Jr., the eldest son of former President Donald Trump, also publicly addressed the reports. He echoed the sentiment from the Trump Organization, denying any connection or involvement from himself or the broader Trump family with the reported “TRUMP Wallet” project linked to Magic Eden and GetTrumpMeme. His statement aimed to dispel any notion that the family was behind or endorsing this particular initiative. However, Donald Trump Jr.’s comments didn’t just stop at a denial. He added an important piece of information, confirming that the Trump family’s World Liberty Financial project is indeed planning to launch its own crypto wallet in the near future. This distinction is crucial, separating the reported, denied project from an actual, planned venture associated with the Trump brand. Navigating the Trump Crypto Landscape: What’s Real? This incident highlights the often-confusing nature of celebrity or politically-linked projects in the cryptocurrency space. On one hand, you have reports about a specific project, the “TRUMP Wallet,” which is then explicitly denied by the associated parties, including the Trump Organization and Donald Trump Jr. On the other hand, you have confirmation from Donald Trump Jr. that a separate, official project under the World Liberty Financial umbrella *will* be launching a crypto wallet. For individuals interested in Trump-related digital assets or services, this situation underscores the importance of verifying information and relying on official announcements from the source rather than unconfirmed reports, even if they come from generally reputable crypto news outlets. The denied “TRUMP Wallet” serves as an example of how quickly misinformation can spread, while the mention of the upcoming World Liberty Financial wallet indicates that the Trump brand is indeed exploring the crypto wallet space, just not through the project that was initially reported. Conclusion: Patience and Verification in the World of Trump Crypto The saga of the reported “TRUMP Wallet” is a brief but telling example of the dynamics at play when high-profile names intersect with the decentralized world of cryptocurrency. The swift denials from both the Trump Organization and Donald Trump Jr. clearly indicate that the specific project reported by Wu Blockchain, potentially involving Magic Eden and GetTrumpMeme, is not associated with them. While the idea of a “TRUMP Wallet” gained temporary traction, it’s now confirmed not to be their initiative. However, the confirmation from Donald Trump Jr. about an upcoming crypto wallet from World Liberty Financial signals that the Trump brand’s foray into digital asset management is still on the horizon. For anyone looking to engage with official Trump-branded crypto products, the key takeaway is clear: exercise caution, verify information through official channels, and await formal announcements regarding the legitimate World Liberty Financial crypto wallet. To learn more about the latest crypto market trends, explore our article on key developments shaping crypto wallet adoption and institutional interest. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
TRUMP Wallet Shock: Magic Eden Partnership and Denials Emerge
The world of cryptocurrencies is no stranger to unexpected developments, especially when politics and internet culture collide. Recently, significant cryptocurrency news emerged regarding a potential TRUMP Wallet, sparking considerable discussion across social media and crypto circles. The announcement, reportedly made via the @GetTrumpMemes account on the X platform, indicated that a dedicated TRUMP Wallet is on the horizon, with the backing of a notable player in the crypto space, Magic Eden. What’s Behind the TRUMP Wallet Announcement? The initial information regarding the TRUMP Wallet surfaced from the @GetTrumpMemes account on X. This account, associated with the TRUMP memecoin community, posted an update suggesting the imminent release of a specialized crypto wallet. The key detail in this announcement was the mention of Magic Eden as the powering technology behind the wallet. This immediately raised eyebrows, as Magic Eden is primarily known as a leading marketplace for Non-Fungible Tokens (NFTs), though they have been expanding their ecosystem offerings. The idea of a wallet specifically branded around a political figure like Donald Trump is novel and potentially highly influential, given his significant public profile and the existing popularity of TRUMP-themed memecoins. A dedicated wallet could serve multiple purposes: A central hub for holding TRUMP memecoins and potentially other related digital assets. Facilitating transactions within the TRUMP memecoin ecosystem. Providing an accessible entry point for supporters or interested individuals who are new to crypto. Integrating with potential future projects or initiatives from the TRUMP memecoin community. While the announcement came from an account associated with the memecoin, the involvement of a platform like Magic Eden lends a degree of technical credibility to the possibility of a functional product being developed. Magic Eden’s expertise in building user-friendly interfaces and handling digital assets could be valuable in creating a dedicated crypto wallet experience. Who is Magic Eden and Why Partner on a TRUMP Wallet? Magic Eden is a major player in the Web3 space, initially gaining prominence as the dominant NFT marketplace on the Solana blockchain. In recent times, they have expanded their support to include other networks like Ethereum, Polygon, and Bitcoin. Beyond their marketplace, Magic Eden has been developing other tools and infrastructure for the crypto ecosystem, including wallet solutions or integrations. Their potential involvement in a TRUMP Wallet is intriguing. Possible reasons for such a partnership could include: Market Expansion: Tapping into a potentially large and engaged community surrounding the TRUMP memecoin. Technological Application: Utilizing their wallet technology or infrastructure to power a branded solution. Experimentation: Exploring new models for community-specific or branded crypto tools. Increased Visibility: The controversial and high-profile nature of the project could generate significant attention for Magic Eden. It’s important to note that the nature of Magic Eden’s involvement, if any, beyond providing technology, remains unclear based on the initial announcement. Are they simply providing a white-label wallet solution, or is it a deeper partnership? These details would significantly impact the perception and potential success of the TRUMP Wallet. What Did the Trump Organization and Donald Trump Jr. Say? Adding a layer of complexity and controversy to the announcement were swift denials from official sources. The Trump Organization and Donald Trump Jr. publicly denied any connection with the purported TRUMP Wallet or the entities promoting it. This disconnect is crucial and raises significant questions: Does the denial mean the project is entirely unofficial and not endorsed by Donald Trump or his business/political entities? Is there a possibility of a technical partnership (like Magic Eden providing infrastructure) without an official endorsement from the Trump brand itself? How does this denial impact the legitimacy and future prospects of the announced wallet? Could there be legal or branding conflicts arising from the use of the ‘TRUMP’ name without explicit permission? The denials create a clear separation between the official Trump brand and this crypto initiative. This is a common theme in the world of memecoins and politically-themed tokens, where projects often leverage names and imagery without direct affiliation. For users considering the TRUMP Wallet, this lack of official endorsement is a critical factor to consider regarding the project’s long-term viability and trustworthiness. Exploring the World of the TRUMP Memecoin Ecosystem The backdrop to the TRUMP Wallet announcement is the existing ecosystem of TRUMP-themed memecoins. Tokens like MAGA (TRUMP) on Ethereum and others on various blockchains have gained significant traction, driven by a combination of political enthusiasm, speculative trading, and the general memecoin frenzy. These tokens often fluctuate wildly based on news related to Donald Trump, political events, and overall crypto market sentiment. Memecoins are a unique and often volatile segment of the crypto market. They typically lack underlying fundamental value or utility beyond speculation and community hype. However, some communities attempt to build utility around their tokens, which is where a dedicated crypto wallet could potentially fit in. A TRUMP Wallet could aim to become the preferred method for holders of these memecoins to store and interact with their assets, potentially integrating features relevant to the community. The success of a wallet tied to a memecoin ecosystem often depends heavily on the continued engagement and growth of that community. The denials from official Trump entities might pose a challenge to building trust and achieving widespread adoption beyond the core group of enthusiasts already involved with the memecoins. Understanding Crypto Wallets: A Quick Guide For those new to cryptocurrency, a crypto wallet is essential. It’s not a physical wallet holding coins, but rather a software application or hardware device that stores the private keys needed to access and manage your digital assets on a blockchain. Think of the private key as the password that unlocks your funds. There are different types of crypto wallets: Software Wallets: Applications downloaded to your phone or computer (like MetaMask, Trust Wallet, or potentially the announced TRUMP Wallet). They are convenient for frequent transactions but can be vulnerable if your device is compromised. Hardware Wallets: Physical devices that store your private keys offline (like Ledger or Trezor). Considered the most secure for long-term storage as they are resistant to online threats. Web Wallets: Accessed via a web browser. Can be less secure as the private keys might be managed by a third party (like exchange wallets), though some web wallets give you control over your keys. A TRUMP Wallet, if released, would likely be a software wallet, offering users a way to manage their TRUMP memecoins and possibly other cryptocurrencies. Understanding how wallets work and the importance of securing your private keys is paramount before using any wallet, including one tied to a specific brand or community. The Future of the TRUMP Wallet: What’s Next? Despite the denials from the Trump Organization and Donald Trump Jr., the announcement from @GetTrumpMemes suggests that development on a TRUMP Wallet, potentially powered by Magic Eden technology, is underway. What happens next remains to be seen. Will the wallet be released? How will it function, and what features will it offer? How will Magic Eden’s involvement be clarified, especially in light of the denials? Will the lack of official endorsement from the Trump brand hinder its adoption? Could there be legal challenges regarding the use of the ‘TRUMP’ name? The situation highlights the often complex and sometimes controversial intersection of political figures, online communities, and the decentralized world of blockchain and cryptocurrency. Users interested in this development should exercise caution, conduct thorough research, and be aware of the unofficial nature of the project relative to the official Trump brand. Keeping Up with Cryptocurrency News Developments like the proposed TRUMP Wallet are prime examples of how quickly and unexpectedly the crypto landscape can evolve. Staying informed through reliable cryptocurrency news sources is essential for navigating this dynamic market. Whether it’s understanding new technologies like specialized wallets, keeping track of market trends, or being aware of potential controversies and risks, up-to-date information is your best tool. The TRUMP Wallet situation serves as a reminder to always verify information, understand the parties involved (or not involved, in this case), and assess the risks before participating in any crypto project, especially those tied to specific communities or personalities. Conclusion: A Wallet Emerges Amidst Denials The announcement of a TRUMP Wallet, reportedly powered by Magic Eden and promoted by the @GetTrumpMemes account, has certainly stirred the pot in the crypto community. While the prospect of a dedicated wallet for the TRUMP memecoin ecosystem exists, the public denials from the Trump Organization and Donald Trump Jr. cast a significant shadow over the project’s official status and future. This development underscores the often-unpredictable nature of crypto projects that leverage popular brands or political figures without explicit, official backing. As the situation unfolds, the crypto community will be watching closely to see if this wallet materializes and how its potential lack of official endorsement impacts its trajectory. To learn more about the latest cryptocurrency news trends, explore our article on key developments shaping the crypto market. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Turmoil Hits Magic Eden as Trump Wallet Rumor Falls Apart
The cryptocurrency world was abuzz with excitement when news broke about a new product development involving Donald Trump. Magic Eden was set to launch a trading platform encompassing Bitcoin $105,395 and several altcoins, with Bloomberg erroneously announcing it as a Trump initiative. As speculation grew, the crypto markets experienced a significant stir. But with Trump’s denial, what lies ahead now? Impact on ME Coin Following the Announcement Following the initial announcement about the Trump wallet application, Magic Eden’s ME Token surged by 35%. However, this spike was short-lived as Donald Trump Jr. announced shortly after that neither he nor his father had any affiliation with the wallet or the trading platform. Consequently, the ME Token experienced a 20% drop. “The Trump Organization has no involvement whatsoever with this wallet product. @EricTrump and I have no knowledge on this matter. Stay tuned—World Liberty Financial @worldlibertyfi, the official wallet we are diligently working on, will be launched soon.” — DonaldJTrumpJr Potential Legal Ramifications The unauthorized use of the Trump brand by Magic Eden raises the possibility of legal action, which could lead to more substantial declines in ME Token prices. Investors are encouraged to remain cautious as the controversy unfolds and market conditions continue to fluctuate. Currently, Bitcoin prices sit at $105,742. Despite the false announcement, the broader market has not suffered any significant losses. This incident serves as a reminder of the volatile nature of cryptocurrency markets and the importance of reliable information. In conclusion, while the Trump wallet rumor stirred initial excitement, the subsequent clarification and potential legal challenges may impact Magic Eden and its token ‘s future. Stakeholders must stay informed to navigate the upcoming developments in this dynamic market environment.
Late Night Raid, Is the Trump Family Launching a Cryptocurrency Wallet?
Original Article Title: "Late-night Raid, Trump Family to Launch Cryptocurrency Wallet?" Original Article Author: Bright, Foresight News At 12:42 AM on June 4th, a bombshell announcement rocked the crypto community. According to the well-known financial account Walter Bloomberg, Trump is set to release his branded cryptocurrency wallet and trading app, encouraging his supporters to purchase Meme coins and other crypto assets. Walter Bloomberg is a prominent financial account on X/Twitter, not affiliated with Bloomberg. However, the main content it posts is sourced from the Bloomberg Terminal, a premium subscription service offered by Bloomberg. Due to the timeliness and accuracy of Walter Bloomberg's past tweet messages, this news quickly spread. Then at 1:35 AM, Magic Eden posted another "smoking gun." ME stated, "Major News! The official Trump wallet is about to be released! Join the free waiting list for a chance to share a $1 million $TRUMP reward!" While also not forgetting to declare its identity, "$TRUMP Wallet is Powered by Magic Eden." In the details on Trumpwallet.com's official website, it is also stated that the wallet is provided by Magic Eden. It also indicated that the promotional activity of registering a wallet to win 100,000 Trump tokens is sponsored by Slingshot Finance. Upon the tweet's release, Magic Eden's native token ME immediately surged by 40%. Within half an hour, the number of Trumpwallet registrations exceeded 25,000, and this morning it had exceeded 80,000 registrations. According to crypto Key Opinion Leaders (KOL) summaries, the wallet is currently in the registration stage and has no actual application yet. The referral form relies mainly on invite-based user acquisition. When registering for Trumpwallet, an email and phone number are required. Gmail does not receive the verification code, but surprisingly, mainland Chinese email addresses all meet the requirements. However, Trumpwallet cunningly hid the KYC clause in the inconspicuous "Additional Terms." In the end, only adult U.S. citizens were actually able to participate in the lottery. This quickly dampened the enthusiasm of the meme army. At 2:18 AM, Donald Trump Jr., co-founder of WLFI, swiftly clarified in a post that "The Trump Organization has no affiliation with this wallet product (developed in collaboration with Magic Eden for TRUMP Meme). Eric Trump and I have no knowledge of this. Please stay tuned — our official wallet for World Liberty Financial that we have been diligently working on will be launched soon." Trump's second son also stated, "This project was not authorized by the Trump Organization. If MagicEden uses our name in an unauthorized project and no one in our organization knows, I will be very cautious." After statements from Trump's sons, the ME token price corrected by nearly 20%. Suddenly, Trumpwallet became the subject of endorsements by the Trump meme official account and Magic Eden, putting the Trump family in an awkward position of denial. It appears that the Trump meme team is not the same group as Eric's leadership team, leading to Eric Trump, the Trump family's crypto head, promptly stepping forward to clarify that Trumpwallet is not associated with the Trump Organization. This also reflects the chaotic management of various interest groups related to former President Trump, with everyone trying to leverage Trump's IP during this crypto wave. This morning, the official account of Trumpwallet's X has been banned. Currently, registration on the Trumpwallet website is still available. The "Major News" post by Magic Eden has not been removed; however, it has been appended with the clarification post from Trump's eldest son. However, the Trump family has not stopped its money-making pace. In a June 4th SEC filing, it was revealed that Trump's social platform, Truth Social, "not minding its own business," submitted a Bitcoin ETF application. If a Trump family-endorsed Trumpwallet does come out, it would mean that the Trump family has few remaining businesses in the crypto field that have not been ventured into. Original Article Link
Trump Sons Disavow Wallet Amid $47 Airdrop, ETF Filing
WLFI airdropped $47 in USD1 tokens, referencing Trump’s possible role as the 47th president. Trump’s sons denied links to a wallet branded as “Official $TRUMP Wallet” by Magic Eden. Truth Social’s parent firm filed to launch a Bitcoin ETF via NYSE Arca after raising $2.5B. A cryptocurrency project linked to Donald Trump’s political branding stirred the web with a symbolic airdrop. On-chain data shows that World Liberty Financial (WLFI) airdropped 47 $USD1 tokens, worth exactly $47, to Ethereum wallets. The number 47 signifies Trump’s potential role as the 47th U.S. president, and the total airdrop value exceeded $4 million. Trump Sons Disavow Wallet Launch At the same time, confusion erupted after a Trump-branded crypto wallet was launched. The Official $TRUMP Wallet, announced by the team behind the $TRUMP token and NFT marketplace Magic Eden, claimed to represent Trump’s brand. However, Donald Trump Jr. denied any family ties to the wallet. He said the Trump Organization had “zero involvement” in the product. He also emphasized that a separate platform, World Liberty Financial, would soon release the real official wallet. Eric Trump echoed the statement and warned against the misuse of the family name. He cautioned Magic Eden not to proceed with unauthorized branding. Trump’s youngest son, Barron Trump, also posted online, saying the family had “no involvement.” This project is not authorized by @Trump. @MagicEden I would be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization. https://t.co/OovJGvGOkO — Eric Trump (@EricTrump) June 3, 2025 The situation left many users confused. Blockchain commentator Molly White called the events “absolute chaos.” She suggested there were internal miscommunications between Trump-linked crypto groups. Neither Magic Eden nor the Trump token team responded publicly. Magic Eden CEO Jack Lu, who had earlier shared the wallet post, also remained silent. Trump’s Media Company Eyes Bitcoin ETF Meanwhile, Donald Trump’s media arm is accelerating its crypto plans. Trump Media and Technology Group, the parent company of Truth Social, has made a sharp pivot toward Bitcoin exchange-traded funds (ETFs). On June 4, the New York Stock Exchange Arca filed a 19b-4 form to list a Truth Social Bitcoin ETF. The ETF, if approved, will allow public trading of Bitcoin shares linked to Truth Social. Related: Trump Media Plans Token and Wallet Launch for Truth+ Platform This follows conflicting reports in May. Trump’s media group initially denied plans to buy Bitcoin. However, it later confirmed a $2.5 billion capital raise to purchase Bitcoin. The funding includes a $1.5 billion stock offering and $1 billion in convertible senior secured bonds. Trump’s firm also completed a $2.4 billion private placement last week. These moves mark a growing push by Trump’s businesses into digital assets. The wallet confusion, however, casts a shadow on the coordination among Trump-linked crypto efforts. The post Trump Sons Disavow Wallet Amid $47 Airdrop, ETF Filing appeared first on Cryptotale.
Trump Jr. confirms cryptocurrency wallet, but warns of fake website
Trump Jr. confirms launch of official cryptocurrency wallet Eric Trump denies connection to $TRUMP Wallet domain Project linked to Slingshot and Magic Eden, but no announcement Donald Trump Jr. confirmed on Tuesday (3) that the team linked to The Trump Organization is developing a cryptocurrency wallet. The revelation came with a warning: the website currently circulating promoting the so-called “$TRUMP Wallet” has no official link to the ongoing project. Eric Trump reinforced the same position, stating that the domain disclosed is not affiliated with the group. The page in question promotes rewards in tokens of up to US$ 1 million, offers a waiting list and presents a preview of a mobile application with a visual identity inspired by the figure of the former president. The Trump Organization has zero involvement with this wallet product. @EricTrump and I know nothing about it. Stay tuned—World Liberty Financial @worldlibertyfi , which we have been working tirelessly on, will be launching our official wallet soon. https://t.co/h1wO7dy6AX - Donald Trump Jr. (@DonaldJTrumpJr) June 3, 2025 The website, which began to be publicized this week, is not part of the official portal of the former president's meme coin collection, which recently announced an exclusive dinner with major holders. According to experts, the domain appeared independently and began to attract users through promises related to the new wallet. On subpages of the website, the project is presented as being sponsored by Slingshot Finance — a mobile trading platform that was acquired by Magic Eden, a company best known for its NFT marketplace. So far, neither Slingshot nor Magic Eden have officially confirmed any involvement with the new project listed on the landing page. The aforementioned dinner, hosted earlier by Trump's team, was attended by prominent industry figures. Among those present were Jack Lu, CEO of Magic Eden, Chris Akhavan, the company's chief business officer, and Clinton Bembry, founder of Slingshot Finance. The coincidence of their attendances has fueled speculation about the legitimacy of the new website, although representatives continue to deny any direct connection. The use of Trump’s name and the aesthetics associated with the former president in the promotional materials immediately drew attention from the crypto community, especially since it involved promises of large rewards and early access. Still, the warning remains: the cryptocurrency wallet is under development, but the domain listed is not recognized as official. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss. Tags: $TRUMP Donald Trump
ME drops over 13% in the short term, market value falls to $347 million
Odaily Planet Daily News: Possibly influenced by the news that "Trump's eldest son clarifies that the newly launched TRUMP wallet has no association with the Trump Group," ME briefly dropped over 13%, with its market value falling to $347 million.
Magic Eden and TRUMP Meme Official Collaboration to Develop TRUMP Wallet
According to a report by Jinse Finance, market sources indicate that information on the TRUMP wallet official website shows that Magic Eden is officially collaborating with TRUMP Meme to jointly develop the TRUMP crypto wallet.
ME drops over 13% in the short term, market value falls to $347 million
Possibly influenced by the news that "Trump's eldest son clarifies that the newly launched TRUMP wallet has no association with the Trump Group," ME dropped over 13% in a short period, with its market value falling to $347 million. The market is highly volatile, so please ensure proper risk management.
Trump Wallet Rumors Denied as Trump Family Confirms Possible World Liberty Financial Crypto Wallet Launch
The recent buzz around a so-called “TRUMP Wallet” has stirred significant interest and confusion in the cryptocurrency community, highlighting the challenges of verifying crypto projects linked to high-profile figures. Initial reports suggested collaboration between Magic Eden and GetTrumpMeme on a Trump-branded wallet, but these claims were swiftly denied by the Trump Organization and Donald Trump Jr. According to COINOTAG, Donald Trump Jr. confirmed the Trump family’s genuine plans to launch a crypto wallet under the World Liberty Financial brand, distinguishing it from the rumored project. Rumors of a “TRUMP Wallet” sparked confusion, but official denials clarify the Trump Organization’s stance while confirming future crypto wallet plans under World Liberty Financial. Clarifying the “TRUMP Wallet” Rumors: Official Denials and Market Impact The cryptocurrency sector is no stranger to rumors, especially when they involve prominent political figures. The recent emergence of the “TRUMP Wallet” story, initially reported by Wu Blockchain, created a wave of speculation about a new crypto wallet developed in partnership with Magic Eden and GetTrumpMeme. However, the Trump Organization quickly issued a firm denial, stating they had no involvement or knowledge of such a project. This response was critical in halting misinformation and preserving brand integrity. The episode underscores the importance of official communication in an industry where misinformation can rapidly influence market sentiment and investor decisions. Donald Trump Jr.’s Statement: Distinguishing Fact from Fiction in Trump-Linked Crypto Ventures Adding clarity to the situation, Donald Trump Jr. publicly refuted any connection to the alleged “TRUMP Wallet” project. His statement reinforced the Trump Organization’s position and emphasized that the family’s legitimate crypto ambitions are tied to the World Liberty Financial initiative. This distinction is vital for investors and enthusiasts seeking authentic Trump-branded digital asset products. By differentiating between the denied project and the confirmed upcoming wallet, Donald Trump Jr. highlighted the necessity of scrutinizing sources and awaiting official announcements before engaging with crypto ventures associated with high-profile names. Implications for Crypto Investors: Navigating Celebrity-Linked Digital Asset Projects The “TRUMP Wallet” incident exemplifies the complexities investors face when evaluating celebrity or politically connected crypto projects. The rapid spread of unverified information can lead to misplaced trust and potential financial risk. This scenario illustrates the critical need for due diligence, including verifying project legitimacy through official channels and understanding the nuances between rumored and confirmed initiatives. As the Trump brand prepares to enter the crypto wallet market via World Liberty Financial, stakeholders should remain vigilant and prioritize transparency and credibility when considering participation in such ventures. Looking Ahead: The Future of Trump-Branded Crypto Wallets and Market Expectations While the initially reported “TRUMP Wallet” has been discredited, the confirmed plans by World Liberty Financial to launch a crypto wallet signal ongoing interest from the Trump brand in digital asset management. This development could influence market dynamics, especially among supporters and investors aligned with the Trump brand. Monitoring official updates and regulatory compliance will be essential to assess the wallet’s potential impact and adoption. The evolving landscape suggests that high-profile endorsements and projects will continue to shape the crypto ecosystem, making informed engagement more important than ever. Conclusion The controversy surrounding the “TRUMP Wallet” highlights the challenges of navigating crypto news tied to prominent figures. Official denials from the Trump Organization and Donald Trump Jr. clarify that the rumored wallet is not their project, while confirming that a legitimate Trump-branded crypto wallet is forthcoming under World Liberty Financial. For investors and enthusiasts, the key takeaway is to exercise caution, verify information through trusted sources, and await formal announcements before committing to any Trump-associated crypto products. Staying informed and discerning will be crucial as the intersection of politics and cryptocurrency continues to evolve. In Case You Missed It: Trump Wallet Waitlist Opens, Potentially Offering Self-Custody and NFT Features in Early Development
Trump Family Disavows “Official TRUMP Wallet” as Magic Eden Partnership Sparks Chaos
Trump family denies involvement in “Official TRUMP Wallet,” sparking major crypto chaos. Donald Jr. and Eric Trump reject ties to Magic Eden’s wallet, warning of legal consequences. Barron Trump debuts on X to confirm zero family link to the disputed crypto wallet launch. The announcement of an “Official TRUMP Wallet” has created chaos within Trump-linked cryptocurrency businesses as the president’s family quickly distanced themselves from the project. Donald Trump Jr. clarified that the Trump Organization has “zero involvement” with the wallet product announced by Magic Eden and the TRUMP memecoin team. The controversy began when NFT marketplace Magic Eden and the team behind the Official Trump meme coin announced plans to launch “the Official $TRUMP Wallet” on June 3. However, the Trump family’s immediate response contradicted any authorized involvement in the project. Donald Trump Jr. stated that neither he nor Eric Trump knew anything about the wallet. They emphasized that World Liberty Financial would soon launch its official wallet. The clarification came as the X platform account @trumpwalletapp was reportedly frozen amid the confusion. Eric Trump Takes Legal Stance Eric Trump escalated the situation by threatening legal action against projects using the Trump name without approval. He warned Magic Eden to “be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.” Related: Official Trump Crypto Wallet Is “Coming Soon”; Team Disavows Unofficial Site The youngest son, Barron Trump, made his first-ever X post to emphasize that the family “has zero involvement with this wallet.” The strong pushback from multiple Trump family members suggests serious concerns about unauthorized brand usage and potential legal implications for the companies involved. Molly White Calls Wallet Launch ‘Absolute Chaos’ Crypto skeptic Molly White, who first reported on the wallet controversy, described the situation as “absolute chaos” and speculated about communication breakdowns between various Trump-linked cryptocurrency businesses. The TRUMP token team, Magic Eden, and the platform’s CEO, Jack Lu, who initially promoted the wallet, have not issued public statements addressing the Trump family’s disavowal. This silence from the wallet developers adds to market uncertainty as investors attempt to assess the legitimacy and future viability of the announced product. The incident serves as a cautionary story for cryptocurrency projects seeking celebrity or political endorsements without proper authorization. The swift and coordinated response from the Trump family shows they actively monitor cryptocurrency projects using their name and will take action against unauthorized usage. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
New Trump Crypto Wallet: Family Members Deny It, But Partner Magic Eden Insists It’s Official
Magic Eden announced an official TRUMP Wallet in collaboration with the TRUMP meme coin team. The wallet was promptly disavowed by Trump’s sons and branded unauthorized by the family. Magic Eden told Eleanor Terrett that the wallet has Trump’s backing and will carry the family’s name and IP. The launch of a Trump-branded cryptocurrency wallet, dubbed the “Official TRUMP Wallet,” has unleashed a storm of confusion, finger-pointing, and legal threats, exposing deep fractures in the Trump family’s increasingly chaotic crypto empire. On June 3, Magic Eden, a prominent NFT marketplace, announced its partnership with the team behind the TRUMP meme coin to develop and promote a self-custodial crypto wallet carrying US President Donald Trump’s name and image. The wallet promises to support the trading of TRUMP tokens, Bitcoin, and other digital assets. It also comes with a gamified waitlist offering users the chance to earn a slice of $1 million in TRUMP token rewards. While Trump family members have distanced themselves from the project, Magic Eden has a different claim. Trump Family Distances from Wallet Rumors The announcement, posted across social media and the TrumpMeme X account, quickly drew attention–but not for the reasons its creators may have hoped. Within hours, multiple Trump family members, including Donald Trump Jr. , Eric Trump , and even Barron Trump, publicly disavowed any affiliation with the wallet. “This wallet is not authorized by Trump,” Eric Trump posted, warning Magic Eden to “be extremely careful” using the family’s name on an unapproved product. Related: NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade Donald Jr. echoed the sentiment, stating the Trump Organization had “zero involvement” and that their own crypto platform, World Liberty Financial, would be launching an “official wallet soon.” The backlash intensified speculation over the true ownership and legitimacy of the TRUMP Wallet. According to the project’s website, Magic Eden partnered with GetTrumpMemes.com–a site owned by Fight Fight Fight LLC. This LLC is co-owned by CIC Digital LLC, a company affiliated with the Trump Organization, and together they hold a controlling share of the TRUMP token supply. Magic Eden Clears the Air When reached for clarification by former FOX Business journalist Eleanor Terrett, Magic Eden said that it had officially partnered with Trump and the wallet will carry the name and the IP of the family. Critics like crypto analyst Molly White labeled the unfolding drama “absolute chaos,” noting the glaring communication breakdown between the Trump family’s disparate crypto initiatives. Related: Magic Eden (ME) Price Prediction 2025-2030: Will Magic Eden Price Hit $15 Soon? That dysfunction was further highlighted when Trump Media and Technology Group initially denied, then confirmed, a $2.5 billion capital raise for Bitcoin investment just days earlier. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Trump Organization Denies Links to Magic Eden’s $TRUMP Wallet Amid Token Market Activity
The Trump Organization has officially disavowed any involvement with Magic Eden’s newly announced $TRUMP Wallet, clarifying widespread confusion in the crypto community. The $TRUMP Wallet, developed by Magic Eden in collaboration with TRUMP Meme, supports multiple cryptocurrencies including BTC, ETH, SOL, XRP, Cardano, and its native $TRUMP token, although it is not yet live. According to Donald Trump Jr., co-founder of World Liberty Financial, neither he nor Eric Trump has any knowledge or affiliation with the wallet, emphasizing that their own official wallet will launch soon. Trump Organization denies ties to Magic Eden’s $TRUMP Wallet, which supports multiple cryptocurrencies and has sparked token market activity amid ongoing community interest. Trump Organization Denies Affiliation with Magic Eden’s $TRUMP Wallet Amid Market Buzz The recent announcement of the $TRUMP Wallet by Magic Eden and TRUMP Meme has stirred significant attention within the cryptocurrency ecosystem. Despite initial assumptions, Donald Trump Jr. publicly clarified that neither he, Eric Trump, nor the Trump Organization have any involvement with this wallet project. This statement was crucial in dispelling rumors and aligning public understanding. The wallet itself is designed to support a diverse range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Cardano (ADA), alongside its proprietary $TRUMP token. However, the wallet has not yet been launched, and Magic Eden remains the primary developer behind this initiative. This development highlights the growing trend of politically themed tokens and wallets, which often generate speculative interest and market volatility. Market Reaction and Token Performance Following the $TRUMP Wallet Announcement Following the wallet announcement and subsequent clarifications, the $TRUMP token experienced a notable surge in market activity. According to CoinMarketCap data, the token reached a price of $11.44, with a market capitalization of approximately $2.29 billion and a 24-hour trading volume exceeding $561 million. This represents a 156.58% increase in trading volume and a 2.40% price gain within a single day. The spike underscores how political associations can influence cryptocurrency valuations, often leading to speculative trading patterns. However, experts from the Coincu research team caution investors about the inherent volatility linked to politically affiliated digital assets, recommending close monitoring amid evolving regulatory landscapes. This dynamic reflects the complex interplay between politics and finance in the digital asset space, where market sentiment can be highly reactive to news and public statements. Donald Trump Jr.’s Statement Clarifies Future Plans for Official Wallet Launch Donald Trump Jr., co-founder of World Liberty Financial (WLFI), took to social media to explicitly deny any connection to the Magic Eden $TRUMP Wallet. He emphasized that neither he nor Eric Trump had prior knowledge of the project, stating, “The Trump Organization has no affiliation with this wallet product (developed in collaboration between Magic Eden and TRUMP Meme). Eric Trump and I have no knowledge of this. Please stay tuned – our World Liberty Financial, which we have been working hard on, will soon launch our official wallet.” This announcement serves to differentiate the official Trump family-backed crypto initiatives from third-party projects leveraging the Trump brand. It also signals the upcoming entry of WLFI’s own wallet into the market, which could potentially compete within the same niche but with verified backing and governance. This distinction is critical for investors seeking clarity and legitimacy in politically branded crypto products. Implications for Crypto Investors and Regulatory Considerations The emergence of politically themed cryptocurrencies and wallets, such as the $TRUMP token and wallet, raises important considerations for investors and regulators alike. The rapid market response to announcements linked to high-profile figures demonstrates the power of brand association in driving speculative interest. However, these assets are often subject to heightened volatility and regulatory scrutiny. As governments worldwide continue to develop frameworks for digital asset oversight, projects lacking transparent affiliations or clear governance structures may face increased challenges. Investors should exercise due diligence, focusing on verified partnerships and understanding the risks associated with politically charged tokens. The $TRUMP Wallet case exemplifies the necessity for clear communication from involved parties to prevent misinformation and protect market integrity. Conclusion The Trump Organization’s disavowal of Magic Eden’s $TRUMP Wallet underscores the importance of transparency in the rapidly evolving crypto landscape. While the wallet supports multiple major cryptocurrencies and has sparked significant market activity, it remains independent of the Trump family’s official ventures. Donald Trump Jr.’s clarification helps delineate the boundaries between unofficial projects and forthcoming official offerings from World Liberty Financial. For investors and observers, this episode highlights the need for cautious engagement with politically affiliated crypto assets, emphasizing verified information and regulatory awareness as key factors in navigating this complex market segment. In Case You Missed It: James Wynn’s $100M Bitcoin Long May Influence Market Volatility and Trading Dynamics
Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’
Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.” On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a referral-based promotion that runs until July 4. The website said the project was “the first and only crypto wallet for true fans” of President Donald Trump and lists NFT marketplace Magic Eden and trading app Slingshot Finance as partners. Donald Trump Jr. wrote on social media that: “The Trump Organization has zero involvement with this wallet product.” He added that both him and his brother “know nothing about it” and are only working with World Liberty Financial, which is developing a wallet that has yet to be launched. Eric Trump, who oversees the Trump Organization, posted a separate message: “I run Trump [Organization] and I know nothing about this project!” Magic Eden not hacked In multiple company feeds, Magic Eden reiterated the partnership, raising concerns about the company’s social media accounts potentially being hacked. Magic Eden business lead Liz A, known as “Voh” on social media said the firm’s accounts were not compromised, and emphasized that the announcement was legitimate. The NFT marketplace’s head of community, Cole McMillian, known as “Papi,” told one user on Magic Eden’s Discord server: “This is like… The most legal scrutiny we will ever have. So just need to be careful about responses” Neither Magic Eden nor Slingshot has published technical details covering custody, supported blockchains, or geographic restrictions. The post Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’ appeared first on CryptoSlate.
Trump-branded crypto wallet and trading app launching soon, but president's family denies involvement
Magic Eden saying that it has partnered with the team behind President Donald Trump's memecoin in order to launch an official Trump-branded crypto wallet caused a bit of kerfuffle on Tuesday as the announcement quickly had the president's sons claiming they'd never heard of the project. "Is this the Official Trump Wallet?" the website Magic Eden promoted asks. "Yes! This is The Official $TRUMP Wallet by President Trump. Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet. Have Fun!" The website provides a chance for interested consumers to join a waitlist. It appears Trump's eldest sons were not amused. "The Trump Organization has zero involvement with this wallet product," Donald Trump Jr. posted to X. "Stay tuned, World Liberty Financial, which we have been working tirelessly on, will be launching our official wallet soon." Eric backed his brother up on X, posting : "I run [The Trump Organization] and I know nothing about this project!" That would make potentially three Trump-branded, -backed, or -linked crypto wallets that could soon be available. In November 2024, Trump Media and Technology Group filed a trademark application for Truth.Fi and in the filing mentioned services for "downloadable computer software for use as a digital wallet." Regardless of how many crypto wallets are looking to parlay the president's popularity across the cryptosphere, it appears Trump's team hasn't been fazed by all the criticism he and his family's crypto dealings have been drawing. The ire reached a high point recently when the president attended a dinner for the top holders of his memecoin, leading critics to suggest Trump had sold access to the presidency. Fight Fight Fight LLC, the company behind the now-infamous Trump memecoin, nor Magic Eden immediately responded to requests for comment on Tuesday. However, Magic Eden co-founder and CEO Jack Lu posted to X on Tuesday promoting the new digital product. "Our partnership with the $TRUMP team to build [the Trump wallet] represents our commitment to onboarding mainstream audience deeper into crypto," Lu said. "[U]sers will be able to not only trade the majors like BTC / ETH / SOL / ADA / XRP / DOGE and of course $TRUMP , but also discover new assets on every major chain." Crypto journalist Molly White was first to report the Trump Wallet and flag the existence of the website. While once a staunch critic of bitcoin, Trump's crypto dealings have been piling up since last year. Last week, Trump Media, the company that owns social media platform Truth Social, said it had raised over $2 billion to buy bitcoin. Trump and his sons are also backers of World Liberty Financial, a DeFi project that has launched its own stablecoin. Updated at 3:04 p.m. to include additional comments from Eric and Donald Trump Jr. Updated at 1:49 p.m. to include additional details.
Is the Trump crypto team launching a branded crypto wallet and trading app?
A Trump-branded crypto trading app and wallet is reportedly in development, according to a new website. The site — TrumpWallet.com — invites users to join a waitlist for what it calls the “Official $TRUMP Wallet by President Trump,” created in partnership with Magic Eden and the team behind the TRUMP ( TRUMP ) memecoin. Crypto journalist Molly White first reported the site’s existence, noting the application is designed to allow trading of the TRUMP token, Bitcoin ( BTC ), and other digital assets. SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets. pic.twitter.com/Iv2yJ9TcyY — Molly White (@molly0xFFF) June 3, 2025 At the time of writing, there is no formal announcement from the Trump team or its crypto partners. Trump and Magic Eden connections According to the site, the wallet is a collaboration between NFT marketplace Magic Eden and GetTrumpMemes.com, the group behind Trump’s memecoin. A promotional banner on the website advertises “$1 MILLION in TRUMP REWARDS!” and outlines a referral-based sweepstakes promising “Trump Boxes” containing up to 50 $TRUMP tokens. One participant will also be randomly selected to receive $100,000 in $TRUMP. While the wallet’s interface appears to mimic Slingshot Finance’s design — including navigation items and legal documents — it is unclear whether the final product will be a Slingshot reskin or a standalone application. Magic Eden acquired Slingshot Finance in April as part of a push into broader crypto trading. The current terms and privacy policy on the TrumpWallet site are lifted directly from Slingshot, suggesting possible shared infrastructure. Magic Eden CEO Jack Lu and other executives attended a Trump crypto dinner in May alongside memecoin backers, cementing ties between the platform and the Trump-themed token.
TRON’s Justin Sun vows to cement Trump, US crypto capital vision
TRON founder Justin Sun has pledged his support for President Trump’s ambition of establishing the U.S. as the global center for blockchain technology and cryptocurrency development. Sun’s declaration follows his attendance at an exclusive dinner event for holders of Trump’s meme coin . The crypto entrepreneur wrote in a social media post that the administration recognizes America’s potential to become “the hottest region for blockchain and crypto.” He also promised to do “everything” in his “power” to keep it that way. https://twitter.com/justinsuntron/status/1926157044077265093 Trump shindig draws scrutiny According to reports , Sun was among notable attendees at the private gathering held at Trump National Golf Club in Virginia. The dinner hosted the top 220 investors of the Trump ( TRUMP ) coin. The guest list reportedly included executives from major crypto firms. This includes BitMart, Wintermute, Delphi Digital, CTS International, Hyperithm, Origin, Acheron Trading, Magic Eden, Synthetix, and Kronos. The event has generated controversy due to Trump’s use of a presidential seal-adorned podium during his address to the crypto investors. According to Forbes , legal experts have raised questions about potential violations of federal law. They specifically cited Section 713 of Title 18 of the United States Code, which prohibits unauthorized use of the presidential seal in ways that could suggest federal endorsement. The statute carries penalties of up to six months’ imprisonment or fines for violations. This is because the presidential seal is traditionally reserved for official government occasions. Historical precedent shows that previous administrations like those of Obama and Biden avoided using the presidential insignia during private business activities. White House Press Secretary Karoline Leavitt addressed conflict-of-interest concerns surrounding the dinner. She emphasized that Trump attended “in his personal time” and clarified that it was “not a White House dinner” or an official government event. Still, both Democrats and Republicans are taking issue with the fact that Trump and his family are directly profiting off the Official Trump meme coin and granting exclusive access to the U.S. Executive branch to those who pay up — which is what Sun did. Sun, a China-born entrepreneur and billionaire who once avoided the U.S. altogether due to legal scrutiny surrounding Tron, is suddenly attending a VIP dinner hosted by Trump. According to the Wall Street Journal, he owns some $23 million in Trump’s memecoin. Other observers are pointing out what they perceive as blatant hypocrisy, considering the Trump family — for years — levied accusations against the Biden family over their business dealings. Congressional investigations followed. Hunter Biden, Trump and his allies alleged, sold access to Joe Biden back when he was vice president during the Obama administration, with no conclusive proof. Zeteo News editor-in-chief Mehdi Hasan put it bluntly : “Nothing Hunter Biden did comes even close to this level of open corruption.”
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