The Trump family is actively expanding their cryptocurrency projects through the World Liberty Financial DeFi platform. Recent acquisitions of key ENS domains have sparked speculation about future plans.
Acquisition of ENS Domains
As of January 19, Etherscan data shows that the Trump family's DeFi platform has purchased several important ENS domains, including barrontrump.eth and erictrump.eth. These acquisitions raise questions about the platform’s future plans.
Launch of Official Memecoins
Days before the inauguration, Donald Trump announced the launch of his own memecoin, which achieved significant market capitalization. The MELANIA token was also launched, quickly reaching a $6 billion market cap. However, not all reactions were positive.
Investment in Ethereum
Amid ENS domain acquisitions and memecoin launches, World Liberty Financial has also acquired a substantial amount of Ether (ETH), reflecting the Trump family's growing interests in the cryptocurrency sphere.
The Trump family's active moves in the cryptocurrency market signal their serious intentions in this area. It is essential to keep an eye on future developments to understand how they plan to use their acquired assets and domains.