Trump Family and crypto Wallet project Reach Truce
The Trump family and the team behind a crypto wallet project tied to the president have reconciled.eric Trump, the president’s son, announced on X that the $TRUMP Meme Coin has aligned with World Liberty Financial.
Just days ago, the Trumps were at odds with Gettrumpmemes, the company behind the memecoin. They accused the firm of launching a crypto wallet without thier authorization. The family even threatened legal action.
eric’s post confirmed that the wallet project won’t proceed. However, World Liberty Financial will acquire a important stake in the $TRUMP memecoin. He said this represents their shared vision for crypto, patriotism, and long-term success.
But not everyone is convinced. Critics argue that the Trumps’ crypto ventures lack transparency and are driven by personal profit. One critic,Miles,tweeted that the plans to acquire the memecoin are just another way to manipulate retail investors.
Despite the announcement, the $TRUMP token hasn’t seen any notable price movement. It’s currently trading around 77% below its all-time high and down nearly 30% over the past 30 days.
