### Trump Unveils Crypto Wallet Tied to Solana-Based Meme Coin in Collaboration with Magic Eden

Former President Donald Trump, in a venture alongside his business partners, is debuting a new crypto wallet connected to his Solana-based meme coin. This endeavor is being executed in partnership with the prominent NFT marketplace, Magic Eden. Users were given the opportunity to join a waitlist for access to the wallet starting this past Tuesday.

According to Magic Eden, the partnership and the legitimacy of the Trump-branded wallet site have been confirmed. The unveiling of the site was initially reported by independent journalist Molly White. Subsequently, Magic Eden announced the partnership on their Twitter account, generating significant buzz.

The promotional campaign for the wallet emphasizes a rewards system tied to the Trump meme coin, incentivizing sign-ups with the chance to win a total of 1 million TRUMP tokens—valued at $11.6 million as of the latest figures. The site's terms detail that the sweepstakes begin immediately and run through July 4. On Independence Day, participants who have referred at least one other user will be eligible for a raffle, with a grand prize of $100,000 in TRUMP tokens awarded to one lucky winner.

Moreover, users who refer additional participants are rewarded with TRUMP Boxes. These boxes offer progressively better odds at winning TRUMP prizes based on the number of referrals. For instance, referring 100 users grants access to win a Diamond TRUMP Box, potentially containing up to 200 TRUMP tokens, equating to approximately $2,316.

The technical backbone of the Trump wallet application is powered by Slingshot, a mobile crypto trading app acquired by Magic Eden in April. The acquisition aims to diversify Magic Eden’s offerings beyond the faltering NFT sector. A representative from Magic Eden expressed excitement over working on this ambitious project, noting their history of supporting Trump’s previous NFT launches, including a Bitcoin Ordinals NFT series released in early 2024.

In a drive to keep the Trump meme coin relevant, additional perks have been offered to coin holders, including a recent dinner event with Trump for top coin holders. The launch of this new sweepstakes adds to these incentives, driving a recent 3% rise in the TRUMP token’s value.

Sources involved in the project, including representatives for Bill Zanker, a longtime Trump associate linked to the meme coin, have yet to provide further comments on the latest developments.

### Note: This article has been updated to include more specific details as they became available.