30 January 2025
Updated 31 January
Updated 31 January
0 0
Trump Media & Technology Group Launches Crypto Venture Truth.Fi with Charles Schwab
Trump Media & Technology Group (TMTG) has launched a new crypto initiative, Truth.Fi, in partnership with Charles Schwab. This venture will provide various investment options, including Bitcoin and other cryptocurrencies.
Key developments include:
- The success of Trump's previous crypto ventures, such as the $TRUMP meme coin, which increased over 12,000% shortly after launch.
- Scott Bessent's appointment as Treasury Secretary led to a 2.5% surge in Bitcoin on January 29.
- World Liberty Financial (WLFI), linked to Trump, holds over $33M in staked Ethereum and approximately $256M in ETH, comprising nearly 65% of its $400M portfolio.
Charles Schwab’s collaboration is expected to contribute positively to the crypto market rally. Notable new cryptocurrencies to consider include:
- Wall Street Pepe ($WEPE) – Aimed at providing tools for retail traders, it raised nearly $65M in presale.
- Solaxy ($SOLX) – Solana's first Layer 2 solution, raising over $16M in presale.
- MIND of Pepe ($MIND) – An AI-driven meme coin providing investment insights, currently priced at $0.0032273.
- XRP ($XRP) – Encourages diversification in digital assets, recently trading above $3.020.
- Movement ($MOVE) – Recently acquired by WLFI, supports building secure blockchain applications and trading at $0.82.
The current regulatory environment under the new administration presents opportunities for crypto investors. Conduct thorough research before making investment decisions.