According to The Kobeissi Letter, President Trump is set to introduce a branded crypto wallet and trading application, with plans to actively promote his memecoin, $TRUMP, as well as other cryptocurrency assets to his supporters (source: The Kobeissi Letter, June 3, 2025). This development is expected to increase trading volumes and market volatility for $TRUMP and related tokens, potentially drawing mainstream attention and new retail investors to the crypto sector. Crypto traders should watch for heightened price action in memecoins and increased liquidity across trading platforms as Trump's initiative rolls out.