The Trump family invested $3 million in EOS, sparking market discussions

On May 16, according to Onchain Lens monitoring, World Liberty Financial (WLFI), a firm under the Trump family, purchased approximately 3.63 million EOS for 3 million USDT, at a unit price of $0.825. This move has attracted attention from the cryptocurrency market, leading to fluctuations in the price of EOS in the short term.

WLFI is a DeFi project promoted by the Trump family, aiming to expand financial services through the $WLFI token and USD1 stablecoin. Analysts believe that the purchase of EOS may reflect optimism about its DApp ecosystem potential or an effort to boost market confidence through Trump's 'crypto-friendly' policies. On platform X, some users speculate that EOS may be renamed '$A' (symbolizing 'America'), but this has not been confirmed by officials.