Eric Trump Denies Family Involvement of an Alleged Trump Wallet By Magic Eden (ME)
Magic Eden (ME), a longtime Solana (SOL)-based NFT market, introduced on Tuesday, through the mid-North American session, that it intends to launch a crypto pockets for Trump followers. In response to an X put up, Magic Eden introduced that crypto fanatics can be part of the free waitlist for an opportunity to win a share of $1 million in $TRUMP.
In response to the official web site for the trumpwallet powered by Magic Eden, the challenge partnered with the Official Trump memecoin, which is backed by U.S. President Donald Trump.
“Sure! That is the Official $TRUMP Pockets by President Trump. Magic Eden partnered with GetTrumpMemes.com to create the primary and solely $TRUMP Pockets. Have Enjoyable,” the FAQ noted.
An Epic Denial From Eric Trump
As quickly because the information for the Trumpwallet launch hit main headlines, Eric Trump, the Govt Vice President of the Trump Group, introduced that he knew nothing about such a partnership with Magic Eden.
The announcement created extra confusion among the many crypto group, with some accusing Magic Eden of orchestrating a large-scale rip-off.
Market Influence
Following the announcement, Magic Eden’s native token rallied over 28 % to achieve a every day native excessive of about $1.15. Nonetheless, the ME’s rally was short-lived because the token retraced in direction of $1 on the time of this writing, following the denial announcement by Eric Trump.
The demand for ME tokens, nonetheless, skilled a pointy uptick as proven by its every day common buying and selling quantity, which hovered about $192 million in comparison with its market cap of round $154 million.
