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Trump Memecoin Team to Launch Official $TRUMP Cryptocurrency Wallet

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The wallet will allow users to store and trade $TRUMP, Bitcoin, Ethereum, and other digital assets.

Soumen Datta

June 4, 2025

A New Digital Gateway for Trump Supporters

The $TRUMP memecoin team announced plans to launch a branded cryptocurrency wallet, called the $TRUMP Wallet, aimed squarely at supporters of President Donald Trump. The wallet is designed to store, trade, and interact with Trump-themed crypto assets, including the $TRUMP token, BitcoinEthereum, and NFTs.

A waitlist is now live at TrumpWallet.com, with full public release expected later this summer. The wallet will feature Trump’s name and likeness, positioning it as the “first and only crypto wallet for true Trump fans,” according to its creators.

The launch is being marketed with a $1 million $TRUMP rewards campaign. Users who sign up and refer others are promised access to rewards, creating a gamified system to drive early adoption.

Magic Eden and Slingshot Power the Build

Magic Eden, a prominent NFT marketplace, has partnered with the $TRUMP memecoin team to bring the wallet to market. The company is using Slingshot Finance, a mobile-first crypto trading platform it recently acquired, to power wallet operations.

Slingshot is known for its fast, self-custodial interface and for listing meme tokens like BONK and FARTCOIN. Its privacy policy confirms that MoonPay handles user identification, not Slingshot directly—raising questions about whether the Trump wallet will have its own KYC requirements.

Magic Eden CEO Jack Lu and senior executives have been visibly involved, attending Trump crypto events including the recent Trump memecoin dinner. The company previously worked with Trump’s team during the migration of his NFT collection to Magic Eden in early 2024.

Internal Disputes and Limited Transparency

Despite the promotional blitz, there is internal confusion within the Trump organization. Eric Trump, who is actively involved in other Trump crypto ventures, denied knowledge of the wallet project. “I run @Trump and I know nothing about this project,” he posted on X, referring to the Trump Organization.

Don Jr. has also distanced himself from the wallet initiative. This suggests that the project may be operating independently of the Trump family’s core crypto business, or that there is a communications gap between various teams working under the Trump brand.

Magic Eden declined to clarify the terms of its partnership or revenue-sharing agreements. No details have been released on whether the wallet will introduce fees, new token integrations, or tiered access models.

Expanding Trump’s Crypto Footprint

This wallet is only the latest addition to an expanding crypto empire bearing Trump’s name. Over the past year, the Trump brand has been attached to:

  • NFT collections
  • Memecoins for both the former president and First Lady
  • A Trump-branded stablecoin
  • A DeFi project led by his sons
  • Plans for exchange-traded crypto products under TruthFi
  • A new Bitcoin mining firm
  • A crypto-themed video game

The Trump wallet fits into this broader strategy of gamifying political branding through Web3 tools, while tapping into the populist energy of the crypto market.

Regulatory Questions Remain

The launch comes at a politically charged moment. Trump’s administration has advocated for deregulating the crypto industry, urging the SEC and DOJ to scale back enforcement. He has proposed creating a national Bitcoin reserve and pushed for legislation supporting stablecoins.

Critics argue that Trump’s deepening involvement in crypto, while actively shaping federal policy, raises major conflict-of-interest concerns. 

Adding to the recent events, the Trump-linked World Liberty Financial (WLFI) project recently moved millions in stablecoins and initiated token airdrops worth $47—symbolically aligning with Trump’s position as the 47th president. 

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

Soumen Datta

Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.

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