Magic Eden Unveils TRUMP-Branded Crypto Wallet In New Partnership

Summary

Magic Eden has partnered with the team behind Donald Trump’s memecoin to launch the TRUMP Wallet, an official cryptocurrency wallet featuring Trump’s likeness. The wallet will support trading of the TRUMP token and Bitcoin. A waitlist opened at TrumpWallet.com, with a broader launch anticipated later this summer. The project is marketed as the first crypto wallet for Trump supporters, offering $1 million in memecoin rewards for sign-ups and referrals. Eric Trump expressed surprise at the initiative, stating he was unaware of it. Details on revenue-sharing and KYC requirements remain unclear. The TRUMP Wallet will be built on the Slingshot Finance platform, which does not collect user identity information directly. The TRUMP token trades at $11, experiencing recent losses of 12% and 21% over one and two weeks, respectively.