21 January 2025
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Donald Trump Purchases Over $54M in Cryptocurrency Upon Inauguration
Donald Trump acquired over $54M in cryptocurrency through World Liberty Financial ($WLFI), coinciding with his presidential inauguration. Key details include:
- The purchase involved tokens like Ethereum, Bitcoin, Tron, and Aave.
- $WLFI invested about $4.7M in each token, including a $4.7M Bitcoin purchase at the moment of Trump's inauguration.
- $WLFI's total crypto holdings now amount to $329M, while Trump's personal crypto wallet is valued at around $9.6M.
- Trump has launched his own crypto token, $TRUMP, which surged over 12,000% overnight.
- Melania Trump has also entered the market with her meme coin, $MELANIA.
This activity could potentially boost the crypto industry significantly.