Trump Wallet Launch with Magic Eden

Trump Wallet Launches Amid Family Denials — What You Need to Know

A new crypto wallet branded with President Donald Trump’s name officially launched on June 3, 2025. The Trump Wallet is tied to the Solana-based $TRUMP meme coin and developed in partnership with Magic Eden and its newly acquired mobile trading app Slingshot. Despite its official branding and promotional efforts, Trump’s sons have publicly denied involvement with the wallet.

Magic Eden Confirms Partnership and Wallet Launch

Magic Eden confirmed the Trump Wallet partnership via their official post on X. The wallet is powered by Slingshot, which Magic Eden acquired in April 2025. The collaboration aims to merge trading functionality with unique wallet perks tailored to $TRUMP token holders—building a branded crypto experience that boosts engagement and token adoption.

Trump Family Members Deny Their Involvement

Shortly after the wallet’s debut, members of the Trump family distanced themselves from the project.

Donald Trump Jr. wrote:

“The Trump Organization has zero involvement with this wallet product. Eric Trump and I know nothing about it. Stay tuned—World Liberty Financial… will be launching our official wallet soon.”

These statements clarify that while the wallet carries Trump branding through licensing, the Trump Organization and family members are not actively developing or managing the product.

Wallet Features and $11.6 Million TRUMP Token Sweepstakes

The Trump Wallet allows users to hold and trade $TRUMP tokens and other crypto assets. To incentivize adoption, the project has launched a sweepstakes featuring 1 million $TRUMP tokens, worth approximately $11.6 million.

Users who refer others to join the wallet waitlist are entered into a raffle to win a $100,000 TRUMP token prize.

The referral program includes TRUMP Boxes with varying prize amounts—those with 100 referrals can earn a Diamond TRUMP Box with up to 200 tokens. The campaign runs until July 4, 2025, aligning with U.S. Independence Day and targeting viral engagement in the political and crypto communities.

Background on the $TRUMP Token

The $TRUMP token was launched in January 2025, in alignment with President Trump’s second inauguration. The meme coin quickly surged to a $27 billion market cap and is managed by CIC Digital LLC and Fight Fight Fight LLC—entities known to be connected to Trump’s broader licensing and business ecosystem.

While the token and wallet use official branding, public statements from Trump’s sons confirm no family participation in the wallet’s creation, suggesting the brand license was brokered through third-party channels.

What This Means for Crypto Investors

The Trump Wallet reflects the increasing use of politically branded crypto assets as a means of leveraging hype and community loyalty. However, the lack of direct involvement from Trump’s family raises concerns about credibility, accountability, and future development.

VipLiveAlerts-Pro recommends investors exercise caution and distinguish between:

Licensed branding

Verified organizational involvement

Genuine family or corporate endorsement

Before investing in meme coins or branded crypto wallets, ensure that you verify the team, check the license structure, and review associated business entities. Projects with political branding can spike in value—but may carry greater risk without transparent leadership.

Unlock the power of AI-driven trading with VipLiveAlerts-Pro and stay ahead of the market with real-time alerts and expert insights—join today and transform your trading strategy!

Disclaimer: This content provides informational insights. Always conduct independent research before making investment decisions. Past performance is not indicative of future results.