Today’s biggest scandal is undoubtedly the Trump wallet farce, with Magic Eden announcing a surprise partnership late at night. Trump’s eldest son quickly disassociated himself, ME tokens surged 40% before crashing, and retail investors were repeatedly exploited. This plot is even more thrilling than the Dogecoin scandal!
To be honest, the combination of big shots’ traffic and a triple denial to fleece the retail investors is nothing new.
In the early hours of June 4th, Bloomberg terminal source Walter Bloomberg suddenly hinted that Trump would launch an official wallet, in conjunction with Magic Eden's (ME) $TRUMP lottery marketing. ME token’s price instantly surged 40%. Retail investors rushed in overnight, with website registrations skyrocketing to over 80,000. It was a true Trump concept carnival night.