Trump Memecoin Wallet in Chaos as Family Distances Itself
The announcement of a Trump-branded crypto wallet has been met with confusion as the Trump family distanced themselves from the project. The cryptocurrency marketplace Magic Eden and the team behind the Official Trump token were set to launch the Official $TRUMP Wallet, but Donald Trump Jr. stated that the Trump Organization has no involvement with the wallet, prompting concerns over its legitimacy. Eric Trump echoed these sentiments, warning Magic Eden to be careful in using the Trump name for a project unknown to the family. Even Barron Trump made his first-ever post on X, stating that the family had no involvement. This incident has raised eyebrows among crypto observers, sparking speculation about miscommunication among Trump-related businesses. The wallet's website claims to be the official product, linking it with GetTrumpMemes.com, owned by a firm associated with the Trump Organization. This is not the first time Trump-related crypto efforts have led to confusion regarding legitimacy and approval.
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