Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy
With an appealing teaser about an impending “big move” from World Liberty Financial, Donald Trump Jr. has aroused intrigue among the cryptocurrency community. Alongside this announcement, the company revealed that it had purchased $48 million worth of Ethereum, which fueled rumors about its strategic ambitions in the cryptocurrency space.
The Power Of A Cryptic Tweet
Trump Jr.’s short yet impactful tweet allowed for plenty of speculation. If he does mean a revolutionary endeavor, then given the huge purchase of Ethereum done by the company, it means World Liberty Financial is ready to take off for a large blockchain project. Not a bad timing, indeed. Ethereum still leads the chart on the list of most-used cryptocurrencies, all due to its stable ecosystem.
The latest hint followed a disclosure by Lookonchain, an on-chain monitoring company, confirming that the WLFI project, which was inspired by Donald Trump, had bought millions of dollars’ worth of Ether just one day prior to the president-elect’s inauguration.
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 the course of several transactions over a 30-minute period, as confirmed by on-chain data.
Wait until you see what they do tomorrow!