As the world watches President-elect Donald Trump prepare to step into the White House, his family is stealing the spotlight in an entirely different arena: cryptocurrency. From a massive Ethereum purchase to memecoins breaking records, the Trump family is making waves like never before. Let’s dive into the details!
On January 19, World Liberty Financial (WLF), a DeFi project linked to President-elect Trump, made headlines by purchasing 14,403 ETH at an average price of $3,300 per coin. The $48 million investment catapulted WLF’s Ethereum holdings to 28,612 ETH, now valued at over $96 million!
Analysts, including blockchain expert Min Jung, speculate that WLF operates more like an advanced crypto fund rather than a traditional DeFi protocol.
The Trump family didn’t stop at Ethereum. Over the weekend, they launched two sensational memecoins, shaking up the market:
- $TRUMP:
- Launched January 18
- Surged by an incredible 837%, currently priced at $60.61
- Peaked at $72.62
2. $MELANIA:
- Introduced January 19
- Gained 42.8%, now priced at $13.06
- Rose 75.8% in the past 24 hours
Eric Trump, visibly excited, commented on their success and hinted at “more sensational developments” to come.
World Liberty Financial continues to generate buzz, with reports indicating that the team has sold 20% of its token supply and plans to release an additional 5% soon.
Adding to the intrigue, WLF recently moved $60 million in assets, sparking speculation. The team dismissed concerns, calling it “routine treasury management,” but market watchers remain curious about the strategy behind this move.
Beyond ETH and memecoins, the Trump family’s growing footprint in crypto reflects a broader trend of blockchain’s intersection with politics. With Eric Trump hinting at more surprises, the family seems determined to cement its influence in both the political and crypto spheres.
From a $48M Ethereum acquisition to the meteoric rise of $TRUMP and $MELANIA, the Trump family has redefined the relationship between politics and cryptocurrency. Eric Trump’s cryptic statement — “Wait until you see what they do tomorrow” — has left the market buzzing with anticipation.
Is this just the beginning of a Trump-led crypto revolution? Stay tuned, because the next chapter promises to be even more electrifying!