#The Trump family bought TRX.#
Hot Topic Overview
Overview
The Trump family's crypto project World Liberty purchased $2.62 million worth of TRX, currently holding 30,107,000 TRX, worth $7.37 million. Meanwhile, Trump said in a press conference that he doesn't know much about TRUMP coin, only that he launched it and heard that it was successful. The news caused the price of TRUMP to fall by nearly 30%. In addition, the Trump family's crypto project World Liberty's purchase has also sparked speculation as to whether the Trump family will continue to invest in cryptocurrencies.
Ace Hot Topic Analysis
Analysis
Recently, the Trump family's cryptocurrency project, World Liberty Financial (WLFI), has attracted widespread attention in the cryptocurrency market. On January 22nd, at midnight, the project purchased 10,809,000 TRX for $2.62 million through Cow Protocol. Currently, they hold a total of 30,107,000 TRX, valued at $7.37 million. This move suggests that the Trump family is actively participating in the cryptocurrency market and is bullish on TRX. However, in a recent speech, Donald Trump himself stated that he knows little about his meme coin, TRUMP, causing market fluctuations and a near 30% drop in the TRUMP price. Despite this, market analysts believe that the Trump family's cryptocurrency project and the launch of TRUMP meme coin will have a significant impact on the cryptocurrency market and could potentially drive further development of cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family crypto project World Liberty bought $2.62 million worth of TRX, currently holding 30.107 million TRX worth $7.37 million.
Trump's stance on his meme coin TRUMP is ambiguous, claiming "I don't know much about it," which triggered market fluctuations, causing a price drop of almost 30%.
Trump's meme coin TRUMP became the fastest-growing meme coin in history, with a market capitalization soaring to $13 billion.
Trump's meme coin TRUMP could hinder progress on bipartisan crypto market structure legislation, as Democrats may question whether foreign governments and business interests are using token purchases to curry favor with the Trump team.