Table content
- # Donald Trump’s Crypto Associations Surface: 5 Digital Assets Set for Rapid Gains
- **Here’s what we’ll address:**
- ## Trump’s Cryptocurrency Assets and the TRUMP Meme Coin
- K33 analyst David Zimmerman remarked on the tokenomics of the TRUMP token, expressing:
- ## Five Digital Currencies Possessed by World Liberty Financial That Could Possibly Appreciate in Worth
- Here’s a summary of the tokens’ performance since Trump’s inauguration:
- ## The PayPal Group and Their Connections to Trump and Crypto
# Donald Trump’s Crypto Associations Surface: 5 Digital Assets Set for Rapid Gains
The cryptocurrency sphere has been abuzz regarding Donald Trump’s links to digital currency initiatives, his assets, and his equity in World Financial Freedom. As the Trump government transitions from its prior attitude to a pro-crypto stance, a number of crypto enterprises with intimate connections to Trump and his colleagues are aiming to leverage this association.
This examination will reveal the Trump family’s participation in cryptocurrency ventures, the leading 5 crypto tokens that could profit during his government, and the debates encompassing it all.
**Here’s what we’ll address:**
* Trump’s digital currency assets and the TRUMP meme coin
* 5 cryptocurrency tokens possessed by World Financial Freedom that could escalate
* The PayPal Mafia’s connection to Trump and crypto
* Why Ethereum might resurrect
* The narrative underpinning the Trump family’s interest in Binance shares
## Trump’s Cryptocurrency Assets and the TRUMP Meme Pi Coin Holders Get Rich, Attention Now on This Affordable Digital Currency Ready to Blow Up
Donald Trump is creating disturbances in the digital currency realm. From introducing an official meme coin merely days before assuming office to his NFT collection and pro-crypto government, Trump has maintained crypto traders on high alert.
Blockchain trackers such as Arkham Intel have pinpointed a wallet linked to President Trump, with assets aligning with his financial revelations during the 2024 presidential race.
While it’s apparent Trump possesses Ethereum (ETH) in his digital currency wallet, the acquisition date and average cost remain obscure, as presidential contenders weren’t mandated to divulge this data at the time.
According to information from Arkham Intelligence at the time of this composition, the wallet under consideration possesses $1.437 million in digital assets, encompassing stablecoins, meme-based cryptocurrencies, World Liberty Financial’s WFI token, and Polygon (MATIC).
In a contemporary discussion, the American President recognized that while his awareness of the digital currency is limited, it is indeed his authorized meme-based cryptocurrency. This action has provoked disapproval from cryptocurrency specialists and commentators. Trump’s past involvement with digital currency precedes the introduction of his authorized meme-based cryptocurrency, TRUMP. The former president had earlier launched a collection of NFT collectibles referred to as “Official Trump Digital Trading Cards.”
K33 analyst David Zimmerman remarked on the tokenomics of the TRUMP token, expressing:
> “The tokenomics are awful for a meme-based cryptocurrency, no embellishment required.” Project information exposes that 800 million TRUMP tokens, constituting 80% of the total supply, are possessed by entities overseen by Trump.
On average, Trump’s enterprise could vend 24 million TRUMP tokens monthly, equating to $279.84 million in monthly selling pressure, or $3.358 billion annually, based on present valuations. This number will vary with the valuation of TRUMP. Commencing as early as April, these entities will be permitted to vend their possessions at diverse junctures over the subsequent three years. As of publication, TRUMP is exchanging at $11.66 USDT.
The TRUMP token is presently positioned among the foremost 50 cryptocurrencies by market capitalization. Home Construction Companies Encounter Growing Expenditures: Levies Might Increase the Cost of a New Dwelling by $9,200
## Five Digital Currencies Possessed by World Liberty Financial That Could Possibly Appreciate in Worth
The Trump lineage, encompassing Ivanka Trump, Donald Trump Jr., First Lady Melania Trump, Eric, and Barron Trump, possess crypto tokens. Nevertheless, solely two are recognized to possess cryptocurrency through World Liberty Financial. The possessions of Donald Trump Jr. and Ivanka Trump are presently unidentified.
Did the U.S. President mention in a discussion?
Rumors are circulating that President Trump has recognized his youngest offspring, Barron, as the primary force behind the World Free Financial initiative, supposedly possessing crypto assets across four separate digital vaults. Nevertheless, concrete validation of these assets from credible sources is still missing.
The BBC indicates that Melania Trump possesses the meme-inspired digital currency MELANIA, released by her firm, MKT World LLC. This firm delivers diverse commercial assistance to the former First Lady, encompassing merchandising of her image during her tenure in the White House.
Specifics regarding the MELANIA currency are limited, but the authorized website implies that Mrs. Trump’s group maintained 35% of the currency supply, secured for the initial month following its introduction.
Grzegorz Drozdz, a market expert at Conotoxia investment enterprise, denounced both Trumps in a discussion with the BBC, declaring that “Introducing these currencies amidst a presidential period provokes worries regarding possible clashes of interest and might jeopardize the honor of both the President and the First Lady.”
Norman Eisen, a previous ethics consultant to the Obama government, informed The Washington Post that “This might signify the gravest clash of interest in contemporary presidential annals.” Eisen contends that Trump’s association with virtual currency implies the President would personally profit from governmental and regulatory modifications he might endorse.
Blockchain data from Arkham Intel proposes that the leading five currencies possessed by World Free Financial, an organization allegedly connected to the Trump kin, are Ethereum, Staked Ethereum (stETH), Move (MOVE), Tron (TRX), and WhiteRock (WHITE).
The World Free Financial digital vaults reportedly contain beyond $77.8 million in virtual currency, with substantial assets encompassing $15 million in Ethereum (7.931K ETH), $9.44 million in Staked Ethereum (4.976K stETH), $9 million in Tron (40.178 million TRX), $3.47 million in Movement (7.581 million MOVE), and $295,000 in WhiteRock (WHITE).
Ondo Finance possesses ONDO tokens valued at $84,000, which equates to approximately 342,000 tokens.
Since the commencement of Trump’s presidency, the primary five tokens held by World Liberty Financial have encountered a downturn, experiencing double-digit declines across the spectrum, with the exception of TRX. Given that these tokens are situated within the company’s digital wallet, there exists a possibility of their subsequent rebound during a later phase of the market cycle. Astute traders may wish to undertake research and contemplate acquiring ETH, TRX, ONDO, MOVE, and WHITE, or ponder incorporating these digital currencies into their investment portfolio during price reductions. It warrants mentioning that Sui (SUI), Solana (SOL), and Ondo served as sponsors for Trump’s inauguration. According to Cointelegraph, Eric Trump is currently in possession of Bitcoin, Ethereum, Solana, and Sui. Considering the Trump administration’s favorable disposition toward cryptocurrencies, swift regulatory modifications, executive directives, and even a White House cryptocurrency summit, these cryptocurrency endeavors could potentially realize enduring advantages.
Here’s a summary of the tokens’ performance since Trump’s inauguration:
* Ethereum has decreased by 41%.
* Staked Ethereum has diminished by over 42%.
* TRX has declined by 7.22%.
* MOVE has fallen by 37%.
* ONDO has depreciated by 32%.
Prominent figures involved in this scenario encompass David Sacks (Trump’s advisor on AI and crypto matters), Elon Musk (leader of governmental efficiency), and Peter Thiel (a proponent of both Trump and Vice President J.D. Vance). Author Jimmy Soni, in his publication “The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley,” originated the term “PayPal Mafia” while scrutinizing the founders of PayPal. Sacks, Trump’s selection for AI and crypto advisor, has been widely recognized within the crypto sphere as a Solana enthusiast. Despite the presence of these executives in government, Trump’s association with cryptocurrencies is progressively solidifying.
## The PayPal Group and Their Connections to Trump and Crypto
Ondo Finance possesses $84,000 in ONDO tokens (342,000 tokens).
The inquiry exposes robust connections involving managers and digital currency ventures, as PayPal intends to incorporate its PYUSD stablecoin on Solana for settlements. Solana is previously a component of Trump’s tactical digital currency reserve administrative request, which financed his introduction. Is the ETF Celebration Finished Following a $26.3 Million Deficit?
Outstandingly, Solana is among the tokens possessed by Eric Trump.
As per a February 2024 Reuters report, Founders Fund started purchasing Bitcoin when it was valued at $30,000. While the company’s procurement of the two cryptographic forms of money is clear, the normal price tag stays obscure. Peter Thiel’s Founders Fund contributed $200 million, buying Bitcoin and Ethereum in late summer to early fall 2024.
PayPal is likewise connected to Layer Zero and Aptos (APT) through speculations.
Thiel, a PayPal originator, is a vital figure in Trump’s circle, having expressed on Joe Rogan’s webcast that he would uphold Trump without freely embracing him. Thiel’s funding firm has since put resources into almost a portion of twelve digital currency projects, including Solana’s Helius DEX and the Pudgy Penguins NFT series.
Ethereum has been proclaimed dead since it tumbled beneath the $1800 support level, its least since November 2023. The $2000 level was viewed as a basic mental help, and shutting underneath it has dashed expectations for a March 2025 recuperation.
Musk’s relationship with Dogecoin, his remarks on X, and his connections with the improvement group since 2019 have caused clashes with controllers. The DOGE division offers appreciation to the ticker image of the biggest image coin in the crypto environment.
The reasons for Ethereum potential rebound.
Notwithstanding the ongoing downturn, it’s untimely to announce Ethereum as “deceased.” Being the most prized possession in WLF’s digital currency portfolio, this prominent substitute coin is potentially accumulating potency, even if its bounce back dawdles behind Bitcoin.
Vitalik Buterin lately tackled alterations inside the Ethereum Foundation, dismissing gossips of its disintegration and validating the project’s prospect.
Changpeng Zhao elucidated that accounts were wrong, paralleling a Wall Street Journal piece to a “digital currency conflict” from a preceding administration.
The Wall Street Journal stated that the Trump kin is pursuing an investment in Binance, the world’s biggest unified digital currency exchange. The piece itemized founder Changpeng Zhao’s part, but Zhao disproved its affirmations.
The piece alluded to Zhao’s 2023 admission of guilt and conversations regarding procuring a share in Binance’s U.S. division. Zhao negated the piece on X, declaring that none of it was factual.
At the Based Rollup Summit, Buterin accentuated Ethereum’s central objectives: a decentralized web prioritizing transparency, resistance to censorship, and fortification. These standards will steer Ethereum’s evolution as it broadens for broader acceptance.
Disclaimer: This is not financial guidance. Content is solely for informational intentions. Ethereum (ETH) Value Forecast for March 17th