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Bullish
Trump Son Hints at World Liberty Plans After Massive Ether Buy
Donald Trump Jr. has piqued cryptocurrency enthusiasts' interest with a World Liberty Financial “big move” teaser. The corporation also said that it had bought $48 million in Ethereum, fueling speculations about its cryptocurrency strategy.
Cryptic Tweet Power
Trump Jr.'s brief but powerful post sparked suspicion. If he means a transformative venture, World Liberty Financial's massive Ethereum buy suggests it's ready for a significant blockchain initiative.
Lookonchain, an on-chain monitoring business, confirmed that the Trump-inspired WLFI project had acquired millions of dollars of Ether one day before the president-elect's inauguration.
WLFI bought 6,041 ETH tokens with $20 million in USDC for $3,311 per, according to Lookonchain. On-chain data shows the purchase occurred over 30 minutes in many transactions.
After Lookonchain's announcement, Eric Trump implied that World Liberty Financial's offering had a hidden objective. “Wait until you see what they do tomorrow,” the billionaire and third child of the President-elect remarked on X, brandishing rocket emojis. Eric co-founded the project and more.
Institutional Investor Ethereum Interest
Ethereum is a cryptocurrency leader with DeFi and smart contract functionality. The large Ethereum investment by World Liberty Financial may indicate that they aim to leverage blockchain technology in their company.
Trump Tweet: Crypto Market Ripple Effect
The company is already making big noise, as analysts expect market ripples, but if World Liberty Financial succeeds, many more institutions may join in, where the Ethereum value becomes an amplifier of the institution in the global economy.
The President-elect's oldest son, Donald Trump Jr., highlighted their crypto successes.
Trump Jr. praised TRUMP as the “hottest digital meme on earth” and its potential. “We are just getting started,” he said, predicting WLFI might change DeFi and CeFi.
#TrumpMarketWatch #TrumpMarketInsights #ETH #Ethereum $ETH $BTC $TRUMP
Donald Trump Jr. has piqued cryptocurrency enthusiasts' interest with a World Liberty Financial “big move” teaser. The corporation also said that it had bought $48 million in Ethereum, fueling speculations about its cryptocurrency strategy.
Cryptic Tweet Power
Trump Jr.'s brief but powerful post sparked suspicion. If he means a transformative venture, World Liberty Financial's massive Ethereum buy suggests it's ready for a significant blockchain initiative.
Lookonchain, an on-chain monitoring business, confirmed that the Trump-inspired WLFI project had acquired millions of dollars of Ether one day before the president-elect's inauguration.
WLFI bought 6,041 ETH tokens with $20 million in USDC for $3,311 per, according to Lookonchain. On-chain data shows the purchase occurred over 30 minutes in many transactions.
After Lookonchain's announcement, Eric Trump implied that World Liberty Financial's offering had a hidden objective. “Wait until you see what they do tomorrow,” the billionaire and third child of the President-elect remarked on X, brandishing rocket emojis. Eric co-founded the project and more.
Institutional Investor Ethereum Interest
Ethereum is a cryptocurrency leader with DeFi and smart contract functionality. The large Ethereum investment by World Liberty Financial may indicate that they aim to leverage blockchain technology in their company.
Trump Tweet: Crypto Market Ripple Effect
The company is already making big noise, as analysts expect market ripples, but if World Liberty Financial succeeds, many more institutions may join in, where the Ethereum value becomes an amplifier of the institution in the global economy.
The President-elect's oldest son, Donald Trump Jr., highlighted their crypto successes.
Trump Jr. praised TRUMP as the “hottest digital meme on earth” and its potential. “We are just getting started,” he said, predicting WLFI might change DeFi and CeFi.
#TrumpMarketWatch #TrumpMarketInsights #ETH #Ethereum $ETH $BTC $TRUMP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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