About Trump Crypto Wallet: Some Say Yes, but Trump's Son Denies It

A new website and several posts on social media claimed that a cryptocurrency wallet branded under the name “TRUMP” was on its way to the public. 

But the fanfare was quickly met with strong denials from the Trump family, particularly the former president’s sons, who stated they had no knowledge of such a project. 

This conflicting information has left crypto users and political observers wondering: is the Trump crypto wallet real, or just another speculative product using a well-known name? Stay tuned in this article!

A Flashy Crypto Launch—or Not?

On June 4, 2025, a new website stirred attention across the crypto community. It claimed to introduce the “Official $Trump Wallet,” supposedly a new digital asset platform developed in partnership with Magic Eden, a well-known crypto marketplace. 

The wallet promised users the ability to trade major cryptocurrencies like Bitcoin and Dogecoin, while also rewarding early users with what was advertised as up to "$1 million in $Trump rewards."

The announcement, however, did not come from an official Trump Organization account. Instead, it appeared on an X account linked to GetTrumpMemes.com, a group already involved in issuing the Trump-themed memecoin, $TRUMP. 

The memecoin, created by Trump associate Bill Zanker, had already made waves in the speculative token market. Zanker, who has previously worked with the former president on business projects, had promoted the coin as a collectible, likening it to a digital baseball card.

Read also: Trump Wallet Airdrop Guide: A Chance for Rewards

Denials from Trump’s Sons

Shortly after the website appeared, Donald Trump Jr., Eric Trump, and Barron Trump all issued statements on social media rejecting any connection to the Trump wallet. Donald Trump Jr. explicitly stated that “our family has zero involvement” with the product. 

Eric Trump went further, warning of possible legal action and expressing concern over the unauthorized use of the Trump name. He wrote, “There is no agreement for this product. It has not been approved.”

Their reaction suggests not only a lack of involvement, but possibly a conflict among different business groups within the Trump sphere. 

While Zanker appears to be pushing forward with crypto ventures like the $Trump coin and the alleged wallet, the Trump sons are focusing on their own platform, World Liberty Financial—a separate crypto venture that they claim is preparing to launch its own wallet soon.

Competing Visions in the Trump Crypto Ecosystem

The mixed signals reveal a deeper division among those using the Trump brand in the crypto market. Over the past year, several initiatives bearing the Trump name have entered the space. 

These include American Bitcoin, Trump Media & Technology Group, and World Liberty Financial, all aiming to leverage the former president’s political popularity into cryptocurrency ventures.

Each of these projects claims to represent different parts of the Trump ecosystem. The memecoin promoted by Zanker has seen wild price swings, rising from less than $1 to nearly $75 per token. 

Speculators have been drawn in by both the financial opportunity and the political branding. Meanwhile, World Liberty Financial has reportedly generated over $550 million in sales and maintains its own long-term crypto plans.

Read also: TRUMP Wallet is not Affiliated with Donald Trump nor WLFI, Clarified!

The Role of Magic Eden

Magic Eden’s involvement added legitimacy to the Trump crypto wallet announcement, at least on the surface. 

The crypto platform confirmed the wallet project in a post from its official account, with CEO Jack Lu stating that it was part of a broader effort to bring more users into the crypto ecosystem. 

The company, however, did not respond to the family’s denials, nor did it provide further details on the launch timeline.

With so many actors making competing claims, the exact status of the Trump crypto wallet remains uncertain. As of June 4, an X account promoting the wallet had been suspended, casting further doubt on the project's future.

What's Next?

It remains unclear whether the Trump wallet will ever see a public release, or whether it will fade away amid legal threats and brand confusion. What is certain is that the Trump name continues to attract both opportunity and controversy in the digital asset world. 

While supporters of the $Trump coin may still hold hope for the wallet’s launch, the internal family disputes raise major questions about the brand’s control over its crypto presence.

With multiple crypto projects now bearing the Trump name, clarity—and official endorsement—will be critical if any of them hope to succeed long-term.

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Frequently Asked Questions (FAQ)

Q: What is the official Trump currency? 

A: The "OFFICIAL TRUMP" token, also known as TRUMP, is a meme token that was launched in January 2025. At its launch, 20% of the total supply (200 million TRUMP) was available to the market.

Q: How much is TrumpCoin worth today? 

A: TrumpCoin's price today is approximately $0.004887, with a 24-hour trading volume of $0.01571. Its price is down 12.74% in the last 24 hours. (Note: These prices are as of the provided text and can change rapidly).

Q: Can you sell your Trump coin? 

A: Yes, you can sell your Trump Coin, and using a cryptocurrency exchange is one of the easiest ways to convert it into cash or other cryptocurrencies.

Q: Who owns the Trump coin? 

A: According to the memecoin's website, ownership of the token is mainly concentrated in two entities owned by Trump: CIC Digital LLC and Fight Fight Fight LLC. Together, these two entities hold 80% of the coins that remained after the initial coin offering (ICO).