Key Takeaways
- President Trump is reportedly launching a crypto pockets and buying and selling app referred to as ‘$TRUMP Pockets’ in collaboration with Magic Eden.
- A promotion providing $1 million in ‘Trump Rewards’ is a part of the challenge’s launch, with alternatives to win $TRUMP memecoins.
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Donald Trump Jr. on Tuesday confirmed {that a} crypto pockets from The Trump Group is on the best way, however distanced the staff from a brand new area claiming to symbolize the official rollout. Eric Trump additionally acknowledged the web site was unaffiliated.
The Trump Group has zero involvement with this pockets product. @EricTrump and I do know nothing about it. Keep tuned—World Liberty Monetary @worldlibertyfi, which we’ve got been working tirelessly on, shall be launching our official pockets quickly. https://t.co/h1wO7dy6AX
— Donald Trump Jr. (@DonaldJTrumpJr) June 3, 2025
I run @Trump and I do know nothing about this challenge! @worldlibertyfi $Trump @AmericanBTC https://t.co/AnlQAKDcqf
— Eric Trump (@EricTrump) June 3, 2025
The newly found area, first reported by software program engineer and crypto researcher Molly White, operates individually from the official Trump meme coin challenge web site, which beforehand introduced the Trump dinner with high crypto holders.
The brand new touchdown web page is concentrated on selling the $TRUMP Pockets, that includes waitlist sign-up, a promise of $1 million in token rewards, a cell app interface preview, and branding that positions it because the official gateway for managing and buying and selling Trump-themed digital property.
Based on different subpages, the challenge is formally sponsored by Slingshot Finance, a mobile-first crypto buying and selling platform just lately acquired by Magic Eden as a part of its technique to broaden past NFTs into broader token buying and selling operations. There was no official announcement from both staff at press time.
Magic Eden CEO Jack Lu attended the Trump meme coin dinner, alongside the corporate’s Chief Enterprise Officer Chris Akhavan and Slingshot Finance founder Clinton Bembry.
Honored to be on the Trump Crypto dinner with @GetTrumpMemes
Going to be a fantastic evening! pic.twitter.com/H4fBZbtxKf
— Jack (@0xLeoInRio) Could 22, 2025
Magic Eden beforehand partnered with Trump in March 2024, when the Trump Playing cards NFT assortment migrated to the platform.
The $TRUMP token briefly spiked from $11.30 to just about $12 on Tuesday following stories of the Trump-branded crypto pockets, per CoinGecko information. Nevertheless, the rally rapidly misplaced momentum.
On the time of writing, the token was buying and selling at $11.5, nonetheless up 3% over the previous 24 hours. It beforehand jumped over 50% on information of the Trump dinner.
[June 3, 2:00 PM ET]: This text has been up to date to incorporate a clarification from Donald Trump Jr. and Eric Trump, who denied any connection between the Trump Group and the area trumpwallet.com.
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