Trump buys up Ethereum and Trog. Is Wall Street Pepe next?
In addition to cleaning up the Electoral College, Donald Trump also appears to be quite bullish on his cryptocurrency accounts. Now, observers are wondering whether Wall Street Invitation ($WEPE) is the next one he focuses on.
While Trump has done well in the past with bankrupt businesses, his cryptocurrency accounts have done quite well so far and appear to be bucking the trend. according to arkhamwho currently holds nearly $10 million in crypto assets, with $TROG being the largest to date (nearly $3.9 million).
Notably, his cryptocurrency of choice appears to have been Ethereum ($ETH).
But will Wall Street Pepe ($WEPE) be his next target? Given his political penchant for bucking trends, breaking rules, and upsetting the apple cart, what $WEPE is trying to accomplish in the crypto market will likely resonate with his team.
after all, $ call option It’s based on turning around Wall Street’s whales and allowing small investors to make potential fortunes. This rule-breaking and trend-breaking approach may appeal to the president-elect as he prepares to take office in just over a month.
$WEPE is doing very well right now, with a market cap of nearly $40 million, and the price is steadily rising every day. The pre-sale has reached $3.5 million, with 5.2B tokens purchased and locked. The future annual rate of return is currently estimated to be slightly over 150%.
Social media buzz is also helping to drive WEPE’s growth and boost pre-sales as it prepares for its official launch in four days.
All this meme coin buying enthusiasm comes as Trump’s cryptocurrency platform, World Liberty Financial, embarks on a massive cryptocurrency spending spree. Ethereum ($ETH) prices soared as WLF purchased $10 million worth of the token, along with $1 million worth of aave ($AAVE) and Chainlink’s $LINK token.
This is on top of another $30 million spent on Ethereum ($ETH) in the past 12 days, his close friend Elon Musk Using his X platform to promote cryptocurrencies.
Purchasing $LINK tokens is also noteworthy because Trump’s World Liberty Financial uses Chainlink’s infrastructure. Therefore, it is reasonable to assume that his huge investment in the company is based on the best interests of his own fledgling cryptocurrency company.
