SCOOP: 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.
@molly0xfff
It's not corruption if Trump does it out in the open, okay?
@molly0xfff I still have a hard time distinguishing satire from reality with this president
@molly0xfff Is it mean of me to hope that the wallet’s security is as good as the other wallets you report on? 🙂
@molly0xfff lol and leave their coins sitting in his wallet/exchange. He's building a MTGOX for people who don't know how to avoid a MTGOX
@molly0xfff How many decades ago was Hair Drumph that slim?
Trump is impoverishing the rubes with his crypto and other scams, while massively increasing his own wealth, and creating an unprecedented surveillance state that promises to crush them. We'll have to help Donald not keep that promise.
@molly0xfff we'll all hear about it when the introductory message is pushed through the Wireless Emergency Alert system.
(Frankly, I was shocked he didn't use it during his first term during the insurrection {pro})
@molly0xfff How about all of his Chinese corporations, and the ones Ivanka registered?
How are they doing?
No one mentions them at all.
We are on the same planet and in the same country where this was a BIG DEAL 5 years ago.
Like the buried truths about Ukraine and Israel, this is one more propaganda victory.
@molly0xfff I wonder how far Trump would have gotten in life if he really DID have the head of an 80 year old back when his torso was 40...
People can be very superficial.
@molly0xfff Good idea. Take what's left of the little money his followers have.
@molly0xfff Trump’s figure is missing about 140 pounds in that image
@molly0xfff We all know where this is headed ... I'm getting FTX vibes ... Convicted felon Trump is hurting crypto more than he's is helping it ...
@molly0xfff uff.. great write up and thank you for this.
But I would hope at one point jourmalists learn to not help spread the ad imagery and instead add a pic of the dementing old fart he really is.
Edited 10d ago
@molly0xfff make him rich suckers. And make yourselves poor in wealth as well as intelligence
@molly0xfff
Calling all suckers!
Here's your big chance to lose your money on the ground floor of a new scam from convicted felon Trump!
@molly0xfff zomg. he's stolen someone's body and put a wax head on it!
@molly0xfff
Finally, I no longer have to store my crime coins in my prison purse!
@molly0xfff why do they always portray him as thin, strong, and younger? Do the not know how to use their eyes?
@molly0xfff yet another photoshop where they have to make Trump 100lbs lighter and more muscular than he is because…???? I honestly don’t know. Because “daddy issues”? Maybe?
@molly0xfff that fist pump of his looks so unenthusiastic.
@molly0xfff I'm good with the Trump-Branded crypto and trading application. The grift will directly target those dumb enough to think it is a good idea, which will increase MAGA dissatisfaction and cause direct pain to those still in the cult.
A point to remember: until someone de-Magats of their own volition, no amount of external coercing or convincing will work. They need to hit rock bottom all on their own, and lose something precious or meaningful before leaving.
#maga isn't alcoholism or drug addiction. Interventions don't work.
@molly0xfff @GhostOnTheHalfShell Wait for it. Instead of going with the realistic name of “Grifter” for the app it’s gonna just be called “Best Deals”.
I’m telling you. Just
tremendously great ideas from these people.
I mean they already went for “Truth” on the social media app.
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.
@molly0xfff I would trust a Nigerian backed crypto wallet before a trump wallet
@molly0xfff Lmao this reminds me of Four Seasons Landscaping Day, one of the best things that’s ever happened in American history
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.
![Slingshot earns revenue through swap fees — additional fees charged to customers making transactions on the app. It’s not yet evident whether fees collected by the Trump Wallet will go to Trump-affiliated entities, Magic Eden, or be split between the two. Magic Eden may also intend to profit from the popularity of its Trump Wallet by prominently listing its own $ME token for trading, which it launched in August 2024. While the token is nowhere near as popular as bitcoin and Solana, which are among the ten most popularly traded cryptocurrencies, the mockup of the app nevertheless prominently features $ME (currently ranked #296 on CoinMarketCap’s list of popular tokens).
The terms and conditions for the “Trump Boxes” promotion disclaim any collaboration with outside parties: “This Promotion is sponsored and administered exclusively by [Slingshot Finance, its affiliates, and parent entities] and is in no way sponsored, endorsed, administered by or associated with X, TruthSocial, or any other third parties.”](/proxy/post_attachment/510250/ce96e3af3a.png "Slingshot earns revenue through swap fees — additional fees charged to customers making transactions on the app. It’s not yet evident whether fees collected by the Trump Wallet will go to Trump-affiliated entities, Magic Eden, or be split between the two. Magic Eden may also intend to profit from the popularity of its Trump Wallet by prominently listing its own $ME token for trading, which it launched in August 2024. While the token is nowhere near as popular as bitcoin and Solana, which are among the ten most popularly traded cryptocurrencies, the mockup of the app nevertheless prominently features $ME (currently ranked #296 on CoinMarketCap’s list of popular tokens).
The terms and conditions for the “Trump Boxes” promotion disclaim any collaboration with outside parties: “This Promotion is sponsored and administered exclusively by [Slingshot Finance, its affiliates, and parent entities] and is in no way sponsored, endorsed, administered by or associated with X, TruthSocial, or any other third parties.”")
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.
@molly0xfff So it's just the infrastructure for a gigantic and easily foreseen theft.
Is Trump planning to "Papa Doc" the US Treasury too?
Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
@molly0xfff it is bizarre how these folks insist on made up pictures of their glorious leader, never actual photos.
Edited 10d ago
@molly0xfff that image looks more musky than trumpy to me...
@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
@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
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.
@molly0xfff Wow. If I ever thought genAI was improving, that unrealistic image set my confidence back a decade.
@molly0xfff Weird thin, young almost not recognizable even facially Donald imagery aside, “The Strump Wallet?” 🤔
@molly0xfff "True Trump Fans", now there's an easy IQ test if ever I saw one.