| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107372.2700000000 |
| ETH | $2441.5980000000 |
| BNB | $649.0998000000 |
| XRP | $2.1862390000 |
| ADA | $0.5668701000 |
| SOL | $150.8653000000 |
| DOGE | $N/A |
| DOT | $3.4206200000 |
| LTC | $86.3775000000 |
| LINK | $13.4284500000 |
Category: CRYPTO NEWS
The post World Liberty Financial’s Planned $TRUMP Memecoin Stake Sparks Brief Market Interest appeared on BitcoinEthereumNews.com. World Liberty Financial’s recent announcement to acquire a significant stake in the $TRUMP memecoin has sparked renewed attention in the crypto market, underscoring the influence of celebrity-backed tokens. The initial 6.4% price surge following the acquisition news highlights investor curiosity but also reflects the volatility and skepticism surrounding memecoins tied to political figures. Eric Trump emphasized the strategic intent behind the move, stating, “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi… World Liberty Financial plans to acquire a substantial position in $TRUMP for their Long-Term Treasury.” World Liberty Financial’s stake in $TRUMP memecoin triggers a brief 6.4% price surge, revealing mixed investor sentiment towards celebrity-endorsed cryptocurrencies. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); World Liberty Financial’s Strategic Entry into the $TRUMP Memecoin Market On June 6, Eric Trump publicly disclosed that World Liberty Financial, a platform backed by the Trump family, intends to acquire a substantial stake in the $TRUMP memecoin. This move represents a calculated effort to embed the Trump brand within the evolving cryptocurrency ecosystem. Despite the initial enthusiasm reflected in a 6.4% price increase, the memecoin’s value soon retracted, illustrating the challenges of sustaining momentum solely through high-profile endorsements. The announcement follows prior Trump family ventures into crypto, some of which have faced operational hurdles, underscoring the complexities of translating celebrity influence into lasting market impact. Investor Reaction and Market…
2025-06-07T03:43:45+00:00