In just seven days, the Trump family's net worth surged by approximately $1.3 billion thanks to two cryptocurrency investments — American Bitcoin Company (ABTC) and World Liberty Financial (WLFI)! The timing of this wealth boom coincided with ABTC's debut on Nasdaq and the full unlock of the WLFI token, creating a ‘wealth myth’ and a ‘political vortex’ that exploded simultaneously on Wall Street and Silicon Valley.
$1.3 billion in net worth
According to Bloomberg, the ABTC founded by Eric Trump and Donald Trump Jr. reached a market value of over $500 million after merging with Gryphon Digital Mining. Meanwhile, the price fluctuations of the WLFI token added approximately $670 million to the family's net worth. Combined with the related cryptocurrency assets already held, the total estimated increase in net worth is $1.3 billion.
But don't forget, these numbers are calculated based on the peak prices on the first day of listing and are not cash already in hand, and no one can guarantee that they can all be liquidated in the future. Behind the astronomical numbers are shocking fluctuations: ABTC opened at about $8 on its listing day, surged to $14 during trading, then suddenly plunged, causing five circuit breakers, and ultimately closed almost back to the starting point; WLFI also couldn't escape the 'roller coaster' fate, with a price drop of over 40% on the day when a large number of tokens were unlocked, even the project's urgent destruction of 47 million tokens couldn't stop the downward trend.
What the market is more worried about is that once the approximately $4 billion worth of locked tokens in the family's hands are gradually released in the future, it may bring even more fierce selling pressure, and the current 'paper myth' could shatter at any moment.
The entangled interests under the political halo
The 'First Family' deeply entrenched in the unclear regulatory crypto industry immediately sparked questions of 'conflict of interest.' Several Democratic lawmakers have stated that the Trump family's business actions and its political influence within the Republican Party are hard to separate and may even sway the future direction of crypto regulation.
Eric Trump's response further pushed the contradiction to the forefront: 'The family chose to turn to support cryptocurrencies only after the Biden administration weaponized the banks.' This statement pulls political opposition into the investment narrative, raising concerns about whether the family will exploit policy biases to protect its own interests. If regulation is biased towards one side due to the power structure, fair competition and investor rights are likely to become sacrifices.
What should investors be wary of?
The case of the Trump family has sounded a heavy alarm: celebrity endorsements can ignite the market instantly but can also trigger a crash within hours. Although the SEC and FinCEN have repeatedly emphasized strengthening crypto regulation in recent years, there are still gray areas in the regulation of family offices and high-leverage investments by political figures.
As traditional capital and political forces continue to flood in, the crypto market urgently needs more transparent information disclosure and clearer 'firewalls'; otherwise, the ultimate burden may still fall on retail investors. The Trump family's 'Crypto Wealth Week' may be written into crypto history, but it resembles a mirror reflecting the high returns, high risks, and high political sensitivity of this market.
When power and capital collide in the blockchain world, can regulation and ethics keep pace? This not only determines whether the next wave will be prosperity or a bubble but also concerns the wallets of every investor. This political and capital-tinged crypto game has just begun.
I am Li Kui, follow me to learn about the latest news in the cryptocurrency world.#美联储降息预期 #加密市场回调 #加密市场回调