Trump Family Reconciles with Wallet Project Team After Public Fallout, Aligns with $TRUMP Memecoin

June 9, 2025 — The Trump family's latest foray into the crypto space has taken yet another twist, this time with signs of reconciliation emerging following a highly publicized dispute with the developers of a memecoin and wallet project.

After making headlines for days due to a heated fallout over the use of the Trump name in a crypto wallet project, the situation appears to be cooling down. Eric Trump, son of former President Donald Trump, recently announced on X (formerly Twitter) that the $TRUMP memecoin has entered into a strategic alignment with World Liberty Financial, the Trump family’s decentralized finance (DeFi) venture.

“I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” Eric Trump wrote in a post that marks a clear shift in tone from previous statements.

From Legal Threats to Strategic Partnership

Just days earlier, the Trump family was publicly at odds with the team behind GetTrumpMemes, accusing them of launching a crypto wallet in partnership with Magic Eden without proper authorization. The family strongly denounced the project, claiming to have “zero involvement” and even pursued legal avenues to block it.

However, in his latest statement, Eric Trump confirmed that the wallet initiative has been shelved, and instead, their focus has shifted toward a strategic acquisition. World Liberty Financial will reportedly take a significant stake in the $TRUMP token, with Eric citing a shared “vision for crypto, patriotism, and long-term success.”

Click here for more information:- https://x.com/EricArchambaul7/status/1932029175562383665

Skepticism Remains Over Trump Crypto Initiatives

Despite the apparent reconciliation, the announcement hasn’t been free from criticism. Many in the crypto community continue to question the authenticity and transparency of the Trump family’s involvement in Web3. Detractors argue that these ventures appear more profit-driven than purpose-led, with vague goals and inconsistent messaging.

This skepticism echoes broader concerns within the crypto space about celebrity-endorsed tokens, many of which have struggled with credibility and long-term sustainability.

Market Reaction Muted Despite Announcement

While the announcement has generated buzz on social media, the $TRUMP token has shown little movement in terms of price. As of press time, the token remains 77% below its all-time high and has dropped nearly 30% over the last month.

Despite the Trump family’s backing, the token’s weak performance signals a lack of investor confidence, potentially influenced by previous controversies and unclear project direction.

Looking Ahead: Can $TRUMP Memecoin Regain Trust?

The Trump family’s pivot toward acquiring a stake in the memecoin rather than backing a wallet project could represent a strategic move to consolidate control and shape the project’s future. However, regaining community trust will likely require more than just bold statements. Transparency, consistent communication, and verifiable progress will be key if the $TRUMP memecoin hopes to recover and gain mainstream traction.

For now, all eyes remain on World Liberty Financial and how the Trump family plans to evolve its presence in the ever-skeptical world of crypto.

Disclaimer: The content on this website is for informational purposes only and does not constitute financial or investment advice. We do not endorse any project or product. Readers should conduct their own research and assume full responsibility for their decisions. We are not liable for any loss or damage arising from reliance on the information provided. Crypto investments carry risks.