• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Crypto Project's Significant Investment in ENS Domains and ETH

user avatar

by Giorgi Kostiuk

a year ago

World Liberty Financial (WLF), connected to Donald Trump, made significant moves in the crypto world over the weekend.

WLF's Major Ethereum Purchase

Within 24 hours, WLF purchased 14,403 ETH worth $48 million, increasing its holdings to 28,612 ETH. The average purchase price was $3,300 per token according to Arkham Intelligence. These investments are part of the platform's routine treasury management.

ENS Domain Acquisitions

In addition to buying Ethereum, WLF has also acquired ENS domain names trumpcoin.eth, erictrump.eth, and barrontrump.eth, indicating a possible expansion of the Trump family's crypto project. These acquisitions could pave the way for a family-branded ecosystem in the blockchain space.

Trump Memecoin Hype

WLF made its moves amidst a turbulent period for memecoins, with the launch of the official TRUMP token and the MELANIA token. The launch of the latter was followed by a sharp 55% drop in TRUMP's price.

Recent actions by WLF reflect strategic moves in a volatile cryptocurrency and memecoin market, suggesting further development plans for the crypto project.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Community Engages in Price Prediction Debate Following Viral Video

chest

A video has sparked a debate in the XRP community about a price prediction of $25,000 for XRP, based on a woman's vision rather than market analysis.

user avatarTenzin Dorje

Japanese Regulators Issue Guidance on Crypto in Real Estate

chest

Japanese regulators have issued guidance on compliance requirements for cryptocurrency in real estate to mitigate money laundering risks.

user avatarBayarjavkhlan Ganbaatar

Analysts Warn of Potential Bitcoin Correction Following Fed Meeting

chest

Analysts warn that Bitcoin may face significant corrections following the Federal Reserve's upcoming meeting and potential leadership change.

user avatarMohamed Farouk

Ethereum Surpasses 190 Million Holders, Leaving Bitcoin Behind

chest

Ethereum is nearing 190 million holders, significantly surpassing Bitcoin's 59.1 million wallets, indicating a growing adoption gap.

user avatarElias Mukuru

Bitcoin Coinbase Premium Gap Turns Negative After 20-Day Positive Streak

chest

The Coinbase Premium Gap for Bitcoin has shifted to negative for the first time in 20 days, indicating a change in buying and selling behavior among American investors.

user avatarDiego Alvarez

Digital Asset Sector Sees Positive Net Capital Inflows

chest

The digital asset sector has experienced a significant shift with positive net capital inflows for the first time since December, with combined monthly netflows into Bitcoin, Ethereum, and stablecoins surging to a positive value of $3 billion.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.