Donald Trump Launches New Crypto Wallet with $1 Million TRUMP Token Airdrop!
Jakarta, Pintu News – US President Donald Trump is rumored to be launching a new crypto wallet in partnership with Magic Eden (ME). In addition, users will also have the opportunity to join a $1 million airdrop of TRUMP tokens.
This move marks the latest expansion of Trump’s business activities in the crypto sector, which has included a massive purchase of Bitcoin (BTC) and the offering of NFTs in a recently held Gala Dinner event.
Donald Trump’s New Crypto Wallet Launch
The upcoming crypto wallet is the result of a partnership with Magic Eden, an NFT marketplace based in Solana (SOL). Although the NFT market is in decline, Trump’s involvement in the sector seems to be a breath of fresh air.
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In his Gala Dinner event, Trump has included an NFT gift package, which might explain why Magic Eden was involved in the creation of this wallet. Not much information is yet available regarding the specifications of the TRUMP wallet, including KYC policy, security, and storage structure.
At the moment, potential users can only sign up on the waitlist and hope for further announcements. Although there is no definite date when the waitlist will end, the wallet is expected to increase interest in TRUMP tokens.
TRUMP Token and the Crypto Market
The TRUMP token, which is a meme coin, saw an increase in sales after the Gala Dinner.
However, the announcement about the new wallet has caused a brief spike in the token’s price. This shows that news about crypto initiatives involving political figures like Trump can have a significant impact on market dynamics.
Nonetheless, Trump’s crypto business activities have been controversial. Several senators are investigating his various projects to find out if there are foreign links or other forms of corruption.
However, despite the challenges, Trump’s business empire continues to grow.
Read also: Sonic Announces $82 Million Airdrop – Who Can Get In?
Political Implications and the Future
The launch of this crypto wallet is expected to attract more political attention, especially from Democrats.
However, Trump seems to remain committed to furthering his efforts in the crypto world. This shows that he not only sees crypto as an investment tool, but also as a means to expand his influence in various sectors.
The involvement of a president in the crypto business certainly brings a new dynamic to the debate about regulation and political influence in financial technology. It may also herald a new era where politics and crypto are becoming increasingly integrated.
Overall, with all the controversy and potential, Donald Trump’s launch of crypto wallets will not only impact the crypto market, but also the political landscape in the United States.
What the long-term impact will be remains to be seen, but certainly, this is a big step for Trump and the crypto world.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- BeInCrypto. Trump Wallet Magic Eden Meme Coin Airdrop. Accessed on June 4, 2025
- CryptoBriefing. Trump’s son confirms team is launching a crypto wallet, denies link to circulating website. Accessed on June 4, 2025
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