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Trump Memecoin ‘did not pumped’ after Eric Trump said to buy the WLF a big stack


Eric Trump, son of the US president, announced that the Crypto Platform platform of the World Liberty Financial (WLF) plans to obtain a significant amount of Trump’s official memecoin following his token endorsement.

“I am proud to express the $ Trump meme coin is aligned with @Worldlibertyfi”Trump Says In a post of June 6 x.

Eric Trump said the WLF to get “huge amount”

“We are proud to announce that financial plans in the world of freedom to obtain a large position in $ Trump for their long-term ark, ”he said. Minute after Trump published the X Post, the price of the official Trump jumped 6.40%, before retracing at $ 10.10 at the time of publication, According to In CoinMarketCap data. It is ranked as the -45 largest cryptocurrency by market capitalization, currently worth $ 2.03 billion.

Cryptocurrencies, United States, Donald Trump, Trumpcoin
The official Trump dropped 8.65% in the past 30 days. Source: CoinMarketCap

Some Crypto commentators are skeptical that the news has not pushed a stronger price increase. Crypto Commentator Pluid Says In a post of June 6 x, “The coin is not pumped to this news – not a good sign.”

Just came weeks after the top 220 holder of Trump’s Memecoin identified at the president’s golf course In Virginia on May 23 for an exclusive dinner and purported meet-and-greeting.

Eric Trump drops Trump’s memecoin purse

Trump also removed the official launch of Trump’s purse following recent controversy. “Although their meme wallet is not moving forward, they remain committed to developing the most eager meme in the world – $ Trump, ”he said.

Related: Trump Media Files for Spot Bitcoin ETF Approval from SEC

The controversy began on June 3, when the anonymous token marketplace magic Eden and the team behind the Mesecoin of the PresidentOfficial Trump, both said they are linked to launch the “Official $ Trump Wallet.”

Eric Trump said at the time the purse was “Trump did not allow” and warned Magic Eden to “be careful of using our name on a project that was not approved and unknown to anyone in our organization.”

However, Donald Trump Jr. added that the family crypto platform would “launch our official purse as soon as possible.”

Eric Trump, known for his pro-crypto stance, recently said in Consensus in Toronto on May 15 From families to government funding, “Everyone in the world is trying to make Bitcoin today.”

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