As the White House finalizes preparations to welcome Donald Trump
Eric Trump hints at more exciting moves, saying, “Wait until you see what they do tomorrow.” Definitely, the Trump family’s engagements have created a buzz in the market. The element of curiosity has been lifted to its peak.
What’s coming next? Let’s explore further!
On January 19, World Liberty Financial, a DeFi venture tied to the Trump family, bought 14,403 ETH at an average price of $3,300 per coin. This means WLF invested at least $48 million in this deal. Following the purchase, WLF’s total Ethereum holdings have reached around 28,612 ETH. With Ethereum priced at $3,357 at the time of writing, WLF’s total ETH holdings are worth about $96 million.
Analysts, like Min Jung, believe WLF is operating more like a fund than a traditional DeFi protocol, increasing its influence in the crypto market.
Reports show that WLF has already sold at least 20% of its token supply, taking advantage of the growing demand. Additionally, WLF plans to release another 5% of its tokens, which could draw even more interest.
The value of WLF’s holdings has soared, jumping from around $187 million to more than $235 million, making its position in the market even stronger.
In the past weekend, the Trump family launched two meme coins that have quickly gained attention:
$TRUMP, launched on January 18, has surged by 837.15%, now priced at $60.61. On January 19, it reached a high of $72.62.
$MELANIA, which debuted just a day after $TRUMP, has increased by 42.80%, with a price of $13.06. It briefly peaked at $12.95 on January 20, and in the past 24 hours alone, it rose by 75.8%.
Eric Trump has shared his excitement about the family’s impact on the crypto market and teased that more exciting developments are coming soon.
WLF also made waves by transferring $60 million in assets, sparking speculation about their plans. However, the WLF team dismissed these rumors, explaining that the transfer was part of “routine treasury management.”
As these developments unfold, they are likely to change how people view blockchain and its potential in the future.
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