Eric Trump announced that the planned launch of the TRUMP meme coin's crypto wallet has been canceled following a dispute with World Liberty Financial. This follows a cease and desist letter sent by World Liberty Financial to the GetTrumpMemes team. Eric stated that even though the wallet won't be released, the focus will remain on building the TRUMP meme coin itself. He mentioned that World Liberty Financial plans to acquire a significant position in the TRUMP meme coin, signaling a long-term investment strategy and a commitment to the project's vision in crypto and patriotism. The ongoing tensions in the cryptocurrency market have been exacerbated by other controversies, including a fallout between President Trump and Elon Musk over connections to Jeffrey Epstein. This tumultuous backdrop has impacted the value of Trump-related meme coins, which have seen poor performance recently in the crypto market.

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