#Trump family buys more TRX again#
Hot Topic Overview
Overview
The Trump family's crypto project, World Liberty Financial (WLFI), has been active lately. In the early hours of January 22nd, it spent $2.62 million on Cow Protocol to purchase 10,800,900 TRX, bringing its total TRX holdings to 30,107,000, worth $7.37 million. Previously, the Trump family had also purchased TRX, but the specific quantity and timing are unclear. This recent purchase has sparked market attention on the Trump family's crypto project and TRX. Additionally, Trump himself commented on his meme coin "Trump," saying, "I don't know much about it, I just know that I launched it. I hear it's very successful, but I haven't looked into it." His statement led to market fluctuations, with TRUMP price dropping nearly 30%. Although the Trump family's crypto project and the meme coin "Trump" have generated controversy, their influence in the crypto market cannot be ignored.
Ace Hot Topic Analysis
Analysis
The Trump family's cryptocurrency project, World Liberty Financial (WLFI), recently purchased 10,800,900 TRX, worth $2.62 million, and now holds 30,107,000 TRX, worth $7.37 million. The news has attracted market attention, but Trump himself said in a press conference that he didn't know much about TRUMP coin, only that it was launched by him, and heard it was successful. This statement caused TRUMP price to drop nearly 30% and raised questions about the true purpose of the Trump family's cryptocurrency project. Meanwhile, some analysts believe that the Trump family's cryptocurrency project could hinder progress on bipartisan cryptocurrency market structure legislation, as Democrats may demand clarification on whether foreign governments and business interests are using token purchases to curry favor with the Trump team. Nonetheless, the Trump family's cryptocurrency project has attracted market attention and raised questions about the future of cryptocurrency.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family crypto project World Liberty Financial (WLFI) increased its holdings by 10.809 million TRX, worth $2.62 million.
Trump does not know much about his meme coin "TRUMP", but admits it is successful.
The launch of Trump's meme coin "TRUMP" could hinder progress on bipartisan crypto market structure legislation.
The launch of Trump's meme coin "TRUMP" has sparked concerns about the future of the crypto space.