Along with cleaning up the Electoral College, Donald Trump also seems to be doing well with his cryptocurrency account. And now, onlookers are wondering Wall Street Pepe ($WEPE) next on his radar.
Despite his previous talent for failed businesses, Trump’s crypto account appears to be growing in the most successful way to date. According to Arkham, he currently holds about $10M in crypto assets, and $TROG is the largest so far (about $3.9M).
This is notable as his cryptocurrency of choice has always seemed to be Ethereum ($ETH).
But could his next target be Wall Street Pepe ($WEPE)? Given his political leanings on buck trends, breaking rules, and upsetting the apple cart, what $WEPE is trying to accomplish in the crypto markets may be right up his alley.
After all, $WEPE is based on turning the tables on Wall Street whales, and allowing small investors to make their potential fortunes. This enforcement of laws and breaking norms may be what attracts the President-elect, as he prepares to take office in about a month from now.
$WEPE is doing amazingly well at the moment as it has a market cap of almost $40M and the price is steadily increasing day by day. Presales reached $3.5M and 5.2B tokens have already been purchased and closed. Next year’s yield is currently estimated at just over 150%.
Social media buzz is also helping to propel $WEPE and boost pre-sales, as it prepares to officially launch just four days from now.
All this interest in buying the meme coin comes as Trump’s crypto platform, World Liberty Financial, is starting to spend a lot of money on crypto. Ethereum ($ETH) prices soar as WLF buys $10M in tokens, and $1M in both aave ($AAVE) and $LINK tokens for Chainlink.
This is on top of another $30M spent on Ethereum ($ETH) in the past 12 days, and his close friend Elon Musk using his X platform to push the cryptocurrency.
Buying $LINK tokens should also be considered, as Trump’s World Liberty Financial uses the Chainlink infrastructure. So it’s reasonable to assume that his huge investment in the company is based on the good profits of his new crypto company.
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