#Trump Family Project Buys TRX#

World Liberty Financial, a crypto project backed by the Trump family, is planning to acquire Tron (TRX) tokens as part of its funding, a potential move that would deepen the close ties between World Liberty Financial and the Tron empire. Justin Sun, the founder of Tron, has been advising Trump's crypto project and is the single largest holder of its WLFI token, having bought $30 million worth last November. It's unclear how much TRX World Liberty plans to add to its cryptocurrency reserves. World Liberty has raised $90 million through the sale of WLFI, and the company previously invested seven-figure sums in AAVE and LINK, tokens issued by projects World Liberty has partnered with. Trump has formally become World Liberty Financial's "Chief Crypto Advocate," and the company plans to offer crypto financial services to the masses. His imminent return to the White House is being hailed as a watershed moment for the crypto industry. Tron is also involved, with a delegation from the project set to attend the inauguration on Monday. Sources told CoinDesk that Tron is also sponsoring the industry's inauguration celebration, the "Crypto Ball," which will be held in Washington, D.C., on Friday night. Trump's team did not immediately respond to a request for comment, and neither did World Liberty Financial. In addition, Trump announced on his Truth Social social media account that he will launch his personal meme coin, TRUMP, which users can access through the website "gettrumpmemes." It is unclear whether his account has been compromised, and this is a developing story. Currently, the market capitalization of TRUMP has exceeded $4 billion and has sparked widespread discussion. Some traders have quickly profited from the launch of TRUMP. For example, a wallet called "LeBron" spent 1 million USDC to buy 4.52 million TRUMP 2 minutes after Trump's post, then sold 4.12 million TRUMP for 2.49 million USDC. Now, the wallet has 400,000 TRUMP left (approximately $560,000), with a profit exceeding $2 million. Some analysts believe that Trump's launch of his personal meme coin, TRUMP, indicates that his support for cryptocurrencies will be stronger than previously imagined, and that the next 4 years will be very good for crypto, heralding the era of the first crypto president in history. However, some analysts believe that TRUMP's market capitalization may be inflated and remind investors to be aware of the risks. In summary, the Trump family project's purchase of TRX and Trump's launch of his personal meme coin, TRUMP, are the hottest topics in the crypto space recently, sparking widespread discussion and attention.