The TRUMP digital currency saw a surprising increase of 9% on Tuesday, ending a series of continuous declines for several months. This jump came in the wake of a prominent event at Nasdaq attended by Eric Trump and executives from World Liberty Financial (WLFI) and **ALT5 Sigma**, where a $1.5 billion acquisition deal involving WLFI tokens was announced.
### Transaction Details and Their Impact on the Market
- ALT5 Sigma will purchase a stake of up to 7.5% of the total WLFI token offering as part of its strategy to enhance corporate treasury.
- Zach Witkoff, co-founder of WLFI, became the chairman of the ALT5 board, while Eric Trump joined as a board member.
- Although the TRUMP currency is not officially linked to WLFI or ALT5, the Trump family's appearance at a cryptocurrency-related event gave a morale boost to traders, leading to an increase in its value.
### Trump's Projects in the Crypto World Continue to Expand
The Trump family established WLFI in 2024, which is the issuer of the stablecoin USD1, but it faced scrutiny due to its ownership structure and international investment relations. In a related context, the MELANIA digital currency also saw a slight recovery after months of decline.
### Future of WLFI Tokens and Trump-Related Currencies
WLFI tokens are expected to become tradable later this year, which could increase the buzz around them and positively affect other currencies associated with the Trump name. ALT5's stock also rose by 3% following the announcement of the deal, reflecting investor optimism.
This move appears to fall within the broader trend of corporate adoption of cryptocurrencies in their balance sheets, but the future performance of these assets remains closely tied to market sentiment and regulatory policies.
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