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With an engaging teaser about World Liberty Financial’s impending “big move,” Donald Trump Jr. has sparked curiosity among the cryptocurrency community. In addition to this announcement, the company revealed that it had purchased $48 million Ethereumsparking rumors about its strategic ambitions in the cryptocurrency space.
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The power of the ambiguous tweet
Trump Jr.’s short but poignant tweet allowed for much speculation. If it means a revolutionary endeavor, then given the massive purchase of Ethereum by the company, it means World Liberty Financial is ready to embark on a major blockchain project. Not bad timing really. Ethereum still tops the chart in the list of most used CryptocurrenciesAll because of its stable ecosystem.
The latest hint came after revelations that Lookonchain, an on-chain monitoring company, confirmed that the WLFI project, inspired by Donald Trump, had purchased millions of dollars worth of ether just one day before the president-elect’s election. opening.
At an average price of $3,311 per Ethereum, WLFI purchased 6,041 ETH tokens using $20 million in USDC, according to Lookonchain. The purchase was made over several transactions over a 30-minute period, as on-chain data confirms.
Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo
-Eric Trump (@EricTrump) January 20, 2025
Eric Trump responded to the Lookonchain revelation by implying that World Liberty Financial’s bid still had some hidden agenda. “Wait until you see what they do tomorrow,” the businessman and third child of the president-elect said on X, waving a rocket emoji. Remember, Eric co-founded the project among other things.
Institutional investors’ appetite for Ethereum
As a major player in the world of cryptocurrencies, Ethereum is known for its DeFi features and support for smart contracts. By making this large investment in Ethereum, Global financial freedom They may be sending a message that they want to use blockchain technology in their business. This could lead to new financial offers. This step also fits with the general trend of major companies using digital currency.
Trump Tweet: Ripple Effects in the Cryptocurrency Market
The company is already making some big noise, with analysts predicting ripples in the markets, but when World Liberty Financial becomes successful, many institutions could stand out in their efforts, as the value of Ethereum becomes an institution magnifier in the overall global world. However, with less information being released, many are still looking at what this could do.
We are all extremely proud of what we continue to accomplish in the cryptocurrency space. $Trump It’s currently the most popular digital meme on Earth, and I truly believe that @WorldLibertyFi It will revolutionize DeFi/Cefi and will be the future of finance. We’re just getting started! 🚀
– Donald Trump Jr. (@DonaldJTrumpJr) January 19, 2025
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Meanwhile, Donald Trump Jr., the president-elect’s eldest son, has drawn attention to their achievements in the cryptocurrency scene.
Trump Jr. called OFFICIAL TRUMP (TRUMP) “the hottest digital meme on Earth” and highlighted its potential. He also predicted that WLFI could transform finance by reshaping DeFi and CeFi, stressing: “We are just getting started.”
Featured image from Pexels, chart from TradingView