• 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

Epic Games to Lay Off Over 1,000 Employees Amid Cost-Cutting Measures

chest

Epic Games is laying off over 1,000 employees as part of a cost-cutting effort due to declining engagement in Fortnite.

user avatarMaya Lundqvist

CFTC Allows Phantom to Offer Derivatives Access Without Broker Registration

chest

CFTC has allowed Phantom to provide access to derivatives markets without broker registration.

user avatarTenzin Dorje

CFTC Reaffirms Authority Over Prediction Markets Amid Legal Challenges

chest

The CFTC reaffirms its authority over prediction markets amid legal challenges from states like Arizona and Nevada.

user avatarLi Weicheng

Russian Cybercriminal Sentenced to 81 Months for Ransomware Activities

chest

Aleksei Volkov, a 26-year-old Russian citizen, was sentenced to 81 months in prison for his involvement in major cybercrime groups, including the Yanluowang ransomware group.

user avatarLeo van der Veen

CFTC Establishes Innovation Task Force to Support Emerging Technologies

chest

The CFTC has established a new task force to create regulatory frameworks for innovators in crypto, AI, and prediction markets.

user avatarAisha Farooq

Market Analysts Forecast Significant Price Increases for Ethereum

chest

Market analysts predict a potential price surge for Ethereum based on historical patterns and current whale profitability.

user avatarBayarjavkhlan Ganbaatar

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.