Key Notes

ME token surged from under $0.80 to $1.14, triggering a 3,000% jump in trading volume.

The rally followed news of a Trump-linked wallet launch involving Magic Eden and GetTrumpMemes.com.

Trump family members later denied any connection to the wallet, sparking confusion.

Magic Eden’s native token ME surged by nearly 32% in the late hours of June 3, climbing from below $0.80 to as high as $1.14. This sharp price surge resulted in a 3,000% jump in 24-trading volume, reaching $468 million, according to CoinMarketCap .

This sudden price movement followed a Trump-branded crypto wallet announcement by Trump Wallet’s website. It stated that Magic Eden had partnered with GetTrumpMemes.com for the launch of “official $TRUMP Wallet by President Trump.”

With Billions of Trump fans

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