$BTC
The crisis between the memecoin TRUMP and WLFI ends, according to reports.
The rivalry between the teams behind two crypto projects of the Trump family (memecoin and DeFi) recently leaked to the public. However, the issue seems resolved after the intervention of Eric Trump, who also announced positive movements following the resolution of the conflict.
It all started with an alliance between Fight Fight Fight (the project behind the meme coin TRUMP) and the NFT marketplace, Magic Eden. They made it public that they were creating a particular wallet for the memecoin. The TRUMP Wallet project infuriated the team at World Liberty Financial (WLFI), which is partially owned by the Trumps.
According to a Bloomberg report last Thursday, WLFI sent a cease-and-desist letter to FFF expressing their opposition to Trump Wallet. In their allegation, they claimed that they were already in the process of creating their own wallet. This redundancy soon caught the attention of Eric Trump, who immediately put an end to the FFF project.
At the same time, Eric warned Magic Eden to desist from the project, given that any initiative to use the name of their products was not authorized. "I am proud to announce that the Trump memecoin is aligned with WLFI. Although the Wallet will not continue, they remain focused on building the world's largest meme coin, TRUMP," Eric wrote on X.
