The Crypto brand of Donald Trump has established the headlines all week, thanks to the public spit between his family and the team behind a wallet project that is linked to the president. After all the drama, however, the tensions seem to relax.
The Crypto wallet Saga with the sons and Gettumpmemes from Donald Trump, the company responsible for the memecoin bound to the president, recently took a new turn, when Eric Trump went to social media platform X with a reconciliation post.
“I am proud to announce that the $ Trump Meme Coin is tailored to @worldlibertyfi,” he written.
Eric’s Post came only a few days after the family was publicly collected against the company for launching a crypto wallet who was bound to their brand without permission. At the time, the Trumps Gettumpmeme’s partnership with Magic Eden accused “zero involvement” in their organization, even resort to legal steps to thwart the initiative.
Although he confirmed that the wallet project itself will not go further, the tone shift came alongside his announcement that their Defi -company, World Liberty Financial, will acquire an important interest in the $ Trump Memecoin. According to him, this symbolizes the joint “vision of the duo for crypto, patriotism and long -term success.”
However, Eric’s announcement has again criticized the Crypto companies of the family. Skeptics claim that the majority of the projects were not transparency and are steeped in inconsistencies and wonder if they are mainly driven by personal profit instead of genuine interest in the crypto industry.
This sentiment reflects the wider skepticism In the entire community, with many who consider companies to be more opportunistic than authentic.
Despite the announcement, the $ Trump -token has not registered a remarkable price movement. During the press, the trade About 77% lower than its highest time and almost 30% has fallen in the last 30 days.
