Molly WhiteSCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets.
Though the project has yet to be announced by either the Trump team or Magic Eden, a waitlist signup was briefly visible on the TrumpWallet.com domain, suggesting launch is imminent. Terms of the partnership, including which Trump entities are involved, are not disclosed.
A Trump crypto wallet is only the latest in a long and ever growing list of Trump crypto ventures, which have raised alarms among ethics watchdogs, members of Congress, and even some of Trump’s crypto world fans.
Details about the app are scarce, but it’s likely to rely on similar technology to the crypto trading app Slingshot, which was acquired by Magic Eden in April.
Magic Eden and Trump have some history prior to this deal, with several executives attending his memecoin dinner in late May, and a partnership pertaining to Trump NFTs last year.
The deal raises additional regulatory questions, especially as decentralized finance apps are being explicitly carved out from regulatory oversight by Trump-championed crypto bills being considered in Congress as we speak.
Magic Eden and spokespeople for President Trump did not immediately respond to inquiries about the project.
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UPDATE: Since I published, the waitlist website has added a segment reading “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet”. This suggests it is indeed Fight Fight Fight LLC (Bill Zanker) behind it.
Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
Something seems to have gone very wrong with this launch. The different organizations running Trump’s litany of crypto projects operate somewhat independently, but it’s not clear exactly where things broke down here.
Spitefully Optimistic@molly0xfff Strump. Feels like an older word for something pejorative 😃
The Grouchybeast@molly0xfff And just when I'm out of popcorn, what a disaster.
💀 Fairchild 💀@molly0xfff It's lies all the way down. So basically 'which liar gets out of the gate first and takes in the most suckers'.
'This is not our scam, this is a different scam, our scam will be out soon.'
Alex Orloff
Owen Nelson@molly0xfff he looks so skinny
Flock of Cats 🐈 🐈 🐈 ☀️@onelson @molly0xfff the AI diet
Also, is this shady? It seems shady 🙃
J.elgato@FlockOfCats @onelson @molly0xfff
Seems likely to be found on Grandma's desktop. Beneath 300 layers of pop-ups and search bar add-ons but above the desktop kitten background...
ozoned@onelson @molly0xfff that's because the fake media adds about 200 lbs to his pictures. /s
David@onelson @molly0xfff That was my first reaction to the image as well.
GadgetGav@molly0xfff Is that image Trump’s 30-year younger cousin?🤣
@gadgetgav @molly0xfff Bro-ump is his name. His arm is actually stuck up like that because of all the high fives he gets for being awesome. It's a curse at this point.
Walrus 🏴Speaking of Trump's end, he's a few stones heavier than in that fake picture.
mattlqx@molly0xfff What a bonkers weird world this is.
αxel simon ↙︎↙︎↙︎@molly0xfff it is bizarre how these folks insist on made up pictures of their glorious leader, never actual photos.
George Liquor, American@axx @molly0xfff The real guy is more than a bit repulsive to look at
@liquor_american @molly0xfff oh yeah, I'm just baffled at the mental gymnastics needed to both glorify his physique and never show it, knowing full well it's anything but glorious.
@axx @molly0xfff The power is in embracing the lie(s). Libs cry when you do that
@molly0xfff funnily enough, here's an actual photo that was published recently. (Author unknown)
@molly0xfff that image looks more musky than trumpy to me...
Human 3500@molly0xfff Why is Trump so thin? Is he sick?
@human3500 @molly0xfff don't get my hopes up.
@molly0xfff lol whose body is that, because DJT never looked like that
It's so funny bc when they do this all it really does is emphasize how much he does NOT look like that
The Other Brook@molly0xfff So it's a weight loss drug?
Steve Loughran@molly0xfff so looking forward to the first wallet hack and what the reaction will be. At the same time, I hope the North Koreans are not found to be/declared to be culpable
Timo J@molly0xfff Wow. If I ever thought genAI was improving, that unrealistic image set my confidence back a decade.
Roj 🏳️🌈
jonathankoren™@mathcolorstrees @molly0xfff it’s always a bit wild that they always take off like 150 pounds off the man.
Of course I remember 8 years ago when they’d comment on a video where he’s clearly reading from a teleprompter that he doesn’t read from a teleprompter unlike Obama.
Not a cult.
Reay@molly0xfff Weird thin, young almost not recognizable even facially Donald imagery aside, “The Strump Wallet?” 🤔
Elric@molly0xfff "True Trump Fans", now there's an easy IQ test if ever I saw one.
tokenwizard@molly0xfff What I expect, once people pile their Trump Wallets full of crypto...