A new Wallet is coming soon, as stated by a famous multi-chain NFT decentralised platform Magic Eden. The TRUMP Wallet was launched in partnership with GetTrumpMemes.com, tied to President's memecoin. The website promoting it says:
"Yes! This is The Official TRUMP Wallet by President.. Have Fun!"
Source: Official Website
But almost right away, his sons said they had no part in it.
Donald Jr. posted on X:
"The Organization has zero involvement with this product."
He added that their own project, World Liberty Financial, will launch its official project soon.
Eric also posted:
"I run and I know nothing about this project!"
This isn’t the only project on the horizon. The media, which owns Truth Social, has already filed trademarks for a future digital assignments.
There could be three different assignmentsl tied to crypto President soon — from Magic Eden, World Liberty Financial, and Trump Media. That’s creating a lot of buzz and confusion in the DeFi space.
Magic Eden’s CEO, Jack Lu, said the company’s goal for the this is to make it super easy for people to use, and said in the context of TRUMP Wallet: "Users will be able to not only trade the majors... but also discover new assets on every major chain."
Still, the family’s message is clear: they are only involved with World Liberty Financial. They deny any connection with the Magic Eden.
Crypto fans and critics alike are watching closely. the President’s growing presence in crypto has made waves. He even joined a dinner for top holders of his memecoin , which drew some heavy criticism due to 'conflict of interest' and Justin Sun's presence as a top holder of his crypto.
Journalist Molly White was first to find the TRUMP Wallet site and raise questions. As of now, both Magic Eden and the company behind his memecoin haven’t shared more details.
The crypto world is waiting to see which one will lead, and who’s really behind it.
Due to the controversial statements, the price of memecoin has come down to $11.18 hinting a decline of 0.46% in the last 24 hours, landing at the overall market cap to $2.23 billion.
Source: CoinMarketCap
Mishi Saini is a skilled crypto writer with a year of experience in blockchain and digital assets. She specializes in breaking down complex topics, making them accessible and easy to understand for all readers. From Bitcoin and altcoins to NFTs and DeFi, Mishi presents the latest trends in a simple, straightforward manner. She keeps up with market updates, price shifts, and new developments to deliver insightful content. Her work supports both newcomers and seasoned investors in navigating the dynamic world of cryptocurrency. Mishi is a firm believer in blockchain’s potential to transform global finance.
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