Analysis Crypto by Thebittimes.Com

Donald Trump, financial felon and president of the United States seems about to launch an official cryptocurrency wallet affiliated with his official memecoin, according to a website highlighted by independent cryptocurrency researcher and journalist Molly White. This website advertises itself as the waitlist for the “Official $TRUMP Wallet by President Trump.” It is not clear exactly how much expertise and development skill that President Trump was able to supply to this project. It additionally claims that “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet.” SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets. pic.twitter.com/Iv2yJ9TcyY — Molly White (@molly0xFFF) June 3, 2025 Read more: ANALYSIS: Mapping Donald Trump’s growing crypto empire Magic Eden is a popular NFT marketplace. GetTrumpMemes.com ...

The non-fungible token market, which was blossoming at the start of the year, has suffered another rough quarter. The NFT market started the year bullish, with its trading sales volume reaching $4.1 billion in Q1 2024. Unfortunately, the NFT market started developing cracks a month later, with trading sales volume flipping to $2.25 billion in Q2 2024 after the market hype that fueled its resurgence faded. Data compiled by Tiexo.com, an on-chain non-fungible token collection explorer and an analytic hub, shows that the global non-fungible token market has plunged again in sales in Q3 2024. In the past 90 days, the global NFT market has attracted a trading sales volume of just $1.12 billion, representing a 50% plunge from the previous quarter. This is the second time the NFT market has dropped quarter-over-quarter. NFT Market Sees A Downward Momentum In 2024 The NFT market started the new year healthy and significantly surged in traction, reaching $4.1 billion in Q1 2024. In February ...