All articles tagged with #trump memecoin
Donald Trump's net worth has seen a significant boost of at least $620 million due to his family's involvement in various crypto ventures, including tokens, stablecoins, and projects like World Liberty Financial and Trump memecoin, alongside traditional assets like real estate and media.
The Official Trump memecoin briefly rose 6% after Eric Trump announced that World Liberty Financial (WLF) plans to acquire a significant stake, but the price quickly retreated, and some crypto commentators expressed skepticism about the strength of the rally. The coin is currently valued at around $2 billion, but has seen an 8.65% decline over the past month, amid controversy over a proposed wallet and family involvement in crypto projects.
Eric Trump announced that the Trump memecoin $TRUMP will be supported by World Liberty Financial, which plans to acquire a substantial long-term position, despite the shelving of an official Trump wallet due to public confusion and legal issues. The project aims to promote patriotism and innovation in crypto, with ongoing developments in the Trump meme and related financial activities.
Magic Eden announced a partnership to launch an official Trump-branded crypto wallet, but Trump's family members denied involvement, leading to confusion about the project's authenticity amid multiple Trump-related crypto ventures.