According to a breaking development, Trump will be launching his own privately-branded cryptocurrency wallet and trading app.
Magic Eden (ME) created this wallet in collaboration with the TRUMP memecoin, according to the information on its website.
To get early access to the wallet, you can sign up for a waiting list. A spokesperson for Magic Eden confirmed both the site’s legitimacy and its collaboration with Trump’s business partners. The site was first spotted by independent journalist Molly White.
The most striking feature of the wallet is that it offers its users the chance to win prizes. According to the site, a total of 1 million TRUMP tokens (worth approximately $11.58 million) will be distributed among those who register.
According to the website, users can increase their chances of winning prizes by inviting others to the waiting list. For example, users who invite 100 people will be eligible to win a “Diamond TRUMP Box”. These boxes can contain 200 TRUMP tokens, which is worth around $2,316 at the time of writing. It is important for users to use the official website, as many fake websites will emerge.
According to the site’s terms of use, this giveaway started today and will run until July 4th.
UPDATE:
Donald Trump’s son, Donald Trump Jr., has stated that he has no connection with Trump’s recently announced cryptocurrency wallet app.
The previous announcement and shared link from the Magic Eden (ME) official X account may be fake. Cryptocurrency users should not click on the link in question.
*This is not investment advice.
