Trump Memecoin Gets a Wallet: Political Crypto Play Goes Mainstream
Love him or hate him, Trump’s diving headfirst into crypto—with a dedicated wallet for his namesake meme coin. Because nothing says ’financial revolution’ like a former president monetizing internet jokes.
The move blurs lines between politics, pop culture, and speculative assets. Traders are already betting whether this pumps faster than his 2024 campaign donations.
One thing’s certain: in the circus of celebrity crypto, the showman just raised the tent stakes. Your move, Biden NFTs.
Artwork from the Trump Wallet website. Image: Trump Wallet
Crypto users who refer others to join the Trump wallet waitlist are granted access to so-called TRUMP Boxes, which offer progressively greater odds at winning TRUMP prizes. Users who refer 100 people to sign up, for example, will receive 100 referrals to win a Diamond TRUMP Box—which the site purports could contain as much as 200 TRUMP tokens (a sum worth $2,316 at writing).
According to the site’s terms and conditions, this sweepstakes begins today and will last until July 4.
The Trump wallet app is powered by Slingshot, a mobile crypto trading app that Magic Eden acquired in April, in a bid to expand the platform’s reach beyond the struggling NFT market.
“We have historically worked with the TRUMP project to support their prior NFT launches and are excited that we’re working on a much larger project now with Trump Wallet,” a Magic Eden spokesperson told Decrypt.
A spokesperson for longtime Trump business partner Bill Zanker, who is listed on documents for an LLC linked to the Trump meme coin, did not immediately respond to Decrypt’s request for comment on the development.
