World Liberty Scoops Up Official Trump Token ($TRUMP) in Power Play—Shuts Down Meme Wallet Operation

In a move that blurs the line between political satire and crypto opportunism, World Liberty just snapped up the rights to the Official Trump token ($TRUMP). The acquisition comes with an immediate shutdown of the token's meme-centric wallet—because nothing says 'financial strategy' like killing the fun.

Market watchers are split: Is this a legit play for institutional credibility, or just another case of 'acquire first, ask questions later'? Either way, the deal's timing—amid election-year chaos—reeks of calculated hype. Meme coin maximalists, meanwhile, are left holding empty bags (and even emptier promises).

One thing's certain: In crypto, even political tokens aren't safe from corporate consolidation. So much for decentralization, huh?

Eric Trump, the Executive Vice President of the Trump Organization, has announced a strategic partnership between the World Liberty Finance (WLFI) and the OFFICIAL TRUMP ($TRUMP) memecoin. According to an X post on Friday, Eric announced that World Liberty Finance and the TRUMP meme project will align for mutual long-term success.

As a result of the strategic partnership, the TRUMP memecoin project agreed to halt the development of the planned meme wallet in collaboration with Magic Eden (ME). On the other hand, the World Liberty Finance team committed to a significant amount of TRUMP tokens for its long-term treasury management.

Breaking News: I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi. Although their meme wallet isn’t moving forward, they remain focused on building the most exciting MEME on earth – $Trump. Moreover, we're proud to announce that World Liberty Financial…

Market Impact of the Collaboration Between Trump Meme and World Liberty Finance

The announcement will have a detrimental midterm impact on Magic Eden (ME), which gained notable traction following the purported partnership to launch the Trump meme wallet. Already, ME price has obliterated all the gains made after the announcement earlier this week to trade at about $0.8435 on Friday, June 7 during the late North American session.

Meanwhile, TRUMP, a mid-cap memecoin that has a market cap of about $2 billion and a 24-hour average trading volume of about $796 million, has gained significant bullish sentiment.

The long-term support from World Liberty Finance will play a crucial role in the overall liquidity provision for the TRUMP memecoin project. As of this writing, the TRUMP meme price hovered about $10, up around 5 percent in the past 24 hours.