Magic Eden announced its cooperation with Trump Wallet, but was immediately slapped in the face by Trump's eldest son

On June 4 at 0:42, a bombshell news broke in the crypto circle. According-financial account Walter Bloomberg revealed that Trump will launch his branded crypto wallet and trading application, encouraging his supporters to buy meme coins and other crypto assets. Walter Bloomberg is a well-known financial account on X/Twitter, unrelated to Bloomberg. However, its content mainly comes from the Bloomberg Terminal, a paid subscription service, with Walter Bloomberg relaying news headlines. Due to the timeliness and accuracy of past tweets, the message spread quickly. At 1:35, Magic Eden posted another "confirmation". ME stated: "Big news! Official Trump Wallet coming soon! Join the free waitlist for a chance to share $TRUMP rewards of $1 million!" While also emphasizing, "$TRUMP Wallet is Powered by Magic Eden." On the Trumpwallet.com official website, it also clarified that the wallet is by Magic, Eden. It also stated that the wallet registration promotion of drawing 100,000 Trump tokens was sponsored by Slingshot Finance. As soon as the tweet was posted, Magic Eden's native token ME by 40%. Within half an hour, Trumpwallet registrations exceeded 25,000, and by morning, over 80,000 had registered. According to crypto KOLs, the wallet is currently in the registration phase with no actual application. Its viral growth mainly relies on invitations. Registering requires email and phone number, Gmail verification codes don't work,, but surprisingly, mainland Chinese emails are acceptable. However, Trumpwallet cunningly hid the KYC terms in an inconspicuous "additional terms" section. Ultimately only US adult citizens can participate in the lottery, This which quickly dampened the enthusiasm of the "free money" army. Immediately at 2:18 minutes past 2's eldest son, WLFI co-founder Donald Jrified X, stating The Trump "Organization has no with this wallet (developed in collaboration with Magic Eden and TRUMP Meme). Eric Trump and I know nothing about it. Stay tuned - World Liberty Financial, which we've on, soon launch our official." Trump's second son also subsequently stated: "This project is unauthorized by the I would be very careful if MagicEden uses our name in an unapproved project that no one in our organization knows about." about Trump's. sons' statements, ME token price dropped 20%. Momentarily, Trumpwallet became an awkward situation of Trumpeme official account pushing hard, while the Trump family family firmly denying. It seems the Trump m'seme team is to is not the same group, causing Eric Trump, the crypto lead of the Trump organization, to immediately jump out and clarify that Trumpwallet is unrelated to the Trump Organization. This also reflects reflects the current chaotic management of Trump's associated interest groups, with everyone wanting to leverage Trump's IP and grab a piece of this crypto wave. This morning, Trumpwallet's X official account has been banned. Currently, the's trumpcan still continue register. Magic Eden's "deleted "big news" post remains also remains, but now includes Trump's eldest son's clarpost.. However, the Trump family hasn't stopped their money-making pace. The a Bitcoin ETFundF their social platform Truth Social on June 4's SEC filing.. that if a Trump-approved trumptruly emerges, the remaining unaddressed business areas in crypto would be be minimal.