The big one is coming!
The Trump family's financial institution, World Liberty Financial, today purchased $3 million worth of A tokens (originally $EOS ) through a decentralized platform, with an average transaction price of $0.8.
This transaction has sparked heated discussions in the market, with some speculating that A may symbolize the political connotation of "America".
From a market impact perspective:
1. This marks the first significant holding by a well-known institution since EOS was renamed Vaulta, potentially bringing traffic effects to the project.
2. Technical analysis shows that EOS has formed short-term support at $0.8, indicating potential for a rebound after an oversold condition.
I had previously positioned in this coin but took profits on the 10th, as there tends to be a lot of hype before a name change.
Therefore, I will continue to look for entry points during the day; those interested can leave a comment in the comment section.
