The team behind President Donald Trump's meme coin is set to launch a branded crypto wallet and trading application, crypto journalist
Molly White reported
on June 3.
The TRUMP meme coin team has joined forces with Magic Eden, a leading non-fungible token (NFT) marketplace, to launch
a new website
, which asks users to join the waitlist to get the "Official $TRUMP Wallet." It also promises “$1 MILLION in TRUMP REWARDS!” to the users.
The meme coin's
official X account confirmed
the launch of the TRUMP wallet, saying its mission is to "make it super easy for Trump supporters to get into crypto."
Magic Eden also
confirmed on X
that it is behind the TRUMP wallet. The contest begins on June 3 and ends on July 4, and all potential winners
are required to create
their wallets to claim a prize.
The newly launched website says:
Is this the Official Trump Wallet?
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 app will ask Trump's fans to trade not only TRUMP but
Bitcoin
and other cryptocurrencies also.
Trump family denies involvement
Trump's sons, Donald Jr. and Eric, denied that The Trump Organization is in any way involved with the wallet.
Molly White speculated
that it's likely that there is a breakdown between Bill Zanker's team and Trump's sons.
Zanker is a longtime
Trump associate who has developed several Trump-branded products, including NFTs, sneakers, and cologne. His company, Fight Fight Fight LLC, is behind the TRUMP meme coin.
Both Trump and his wife, Melania, launched the eponymous meme coins ahead of his presidential inauguration on Jan. 20. Both the meme coins have tanked since their launch, with TRUMP and MELANIA trading 85% and 97% lower than their record highs.
The Trump family is involved with multiple crypto ventures such as these meme coins, the
World Liberty Financial
crypto platform, the
USD1 stablecoin
, crypto
exchange-traded funds
(ETFs), and NFTs. His critics, including those in the Democratic Party, have flagged these ventures for alleged conflicts of interest.
