U.S. President Donald Trump is reportedly set to launch a new cryptocurrency wallet through a collaboration with Magic Eden. Note that participating users will have the chance to receive an airdrop worth up to 1 million USD in the form of TRUMP tokens.

Although the current details about this project are still quite limited, Magic Eden has identified its parameters. Mr. Trump's long-term interest in the NFT market – demonstrated by the launch of a new NFT collection last month – may be the reason for this collaboration decision.