#Trump family increases TRX holdings.#
Hot Topic Overview
Overview
The Trump family's crypto project, World Liberty Financial (WLFI), has been making waves lately, garnering significant market attention. On January 22nd, early morning, they spent $2.62 million through Cow Protocol to purchase 10.8 million TRX, bringing their total TRX holdings to 30.1 million, valued at $7.37 million. Additionally, they exchanged 5252 ETH ($17.43 million) for stETH and staked it on Lido. These moves indicate the Trump family's strong interest in the crypto market and their active participation. However, Trump himself has publicly stated that he doesn't know much about the TRUMP coin, sparking market speculation and volatility. Nonetheless, TRUMP coin's market capitalization has skyrocketed to $13 billion, making it the fastest-growing meme coin in history.
Ace Hot Topic Analysis
Analysis
The Trump family's crypto project, World Liberty Financial (WLFI), recently bought more TRX, drawing attention in the market. According to Arkham data, early morning on January 22nd, WLFI purchased 10,800,900 TRX via Cow Protocol, worth $2.62 million. It now holds 30,107,000 TRX, valued at $7.37 million. Additionally, WLFI exchanged 5,252 ETH for stETH and staked it on Lido, worth $17.43 million.These actions have drawn market attention to WLFI, the Trump family's crypto project, and reflect the family's ongoing interest in the cryptocurrency market. However, the Trump family's crypto projects have also sparked some controversy. Previously, the Trump family launched a TRUMP meme coin that generated buzz in the market but also drew criticism from some.Currently, the future of the Trump family's crypto projects remains uncertain, but their actions will undoubtedly continue to be watched closely by the market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family crypto project World Liberty Financial (WLFI) increased its holdings of TRX and staked it to Lido, indicating its bullish view on TRX.
Trump's attitude towards TRUMP coin is ambiguous, acknowledging its launch but claiming ignorance, causing market fluctuations.
The investment behavior of Trump family crypto project WLFI has drawn market attention, being seen as an endorsement of the cryptocurrency market.
The launch of Trump's meme coin TRUMP has raised concerns about cryptocurrency regulation and market structure.