Donald Trump Launches TRUMP Airdrop Reward Cryptocurrency Wallet

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US President Donald Trump is set to launch a new cryptocurrency wallet in collaboration with Magic Eden. Users will be given the opportunity to participate in a million-dollar airdrop of TRUMP tokens.

While specific details about this project are scarce, Magic Eden has confirmed their participation. Trump has long been interested in the Non-Fungible Token market and launched a new Non-Fungible Token last month, which may explain this choice.

Trump Launches New Cryptocurrency Wallet

The president is currently involved in several cryptocurrency ventures. Recently, he hosted a gala dinner and promised to purchase Bitcoin in bulk.

Today, TRUMP seems to be at the center of his next venture. Through collaboration with Magic Eden, he is launching a new cryptocurrency wallet.

Share your referral link and you can move up on the waitlist and get $TRUMP REWARDS https://t.co/PVCQ6YXQ5v

โ€” Magic Eden ๐Ÿช„ (@MagicEden) June 3, 2025

Magic Eden, a Solana-based Non-Fungible Token marketplace, might seem like an unusual choice for this collaboration. The weakened Non-Fungible Token market has significantly impacted the business. However, the president remains interested in this field.

Trump's recent inclusion of Non-Fungible Token rewards in his gala dinner package may explain why Magic Eden is helping create the wallet.

Unfortunately, even basic information about the TRUMP wallet is not yet available. There is no information on topics such as KYC details, security, or storage structure. Currently, interested users can join the waitlist and anticipate future developments.

While the waitlist has no clear end date, it encourages users to purchase TRUMP tokens. The meme coin saw increased selling after the dinner ended weeks ago, but today's wallet announcement caused a brief surge.

trump meme coin price
Daily price chart for TRUMP meme coin. Source: BeInCrypto

While this could all be positive for TRUMP, the president's cryptocurrency ventures remain quite controversial. Senate members are investigating his various projects. They are investigating potential foreign connections or other corruption possibilities, but his empire continues to grow.

The latest cryptocurrency wallet will likely invite even more political scrutiny, especially from the Democratic Party. However, the US president is showing a willingness to further develop his meme coin business.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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