On the evening of December 12, Beijing time, Time Magazine announced that U.S. President-elect Trump has been named Person of the Year. Following this news, the prices of related cryptocurrencies surged. Are those in the crypto circle already getting restless? 🤔
Later, when asked about the 'cryptocurrency asset strategic reserve' at the New York Stock Exchange, Trump stated that 'great things will happen in the cryptocurrency space.'
This is the first time in the industry to have such heavyweight support. Does anyone feel ignited? 🔥
🤑 Which Trump concept coins are worth paying attention to?
Let's take a look at whether these cryptocurrencies related to Trump are worth investing in and whether there is room for growth before the inauguration in January? 📈
WLFI
WLFI is the token of Trump family's crypto project World Liberty Financial. Although it is closely related, it may not be the best investment target. The terms and utility of WLFI are somewhat elusive, and the main income still flows to the Trump family rather than to token holders:
Terms and Utility: WLFI is only for governance and cannot be used as an investment tool, and currently cannot be transferred.
Income Distribution: 75% of the net income goes to Trump-associated companies, while the remaining 25% goes to the project's co-founders and their associated companies.
Therefore, although WLFI is closely related to Trump, the investment risk is not small, so everyone should proceed with caution! ⚠️
ETH, AAVE, LINK, SCR
Direct investment in Trump's projects may not be cost-effective, but betting on these projects that choose to cooperate with crypto-native projects may be more reliable. Here are some:
ETH (Ethereum): World Liberty will deploy AAVE V3 instances on Ethereum, with strong foundational strength and good prospects.
AAVE: The largest lending protocol on-chain, with excellent project metrics, and still has room for price increase.
LINK (Chainlink): A leading oracle in the industry with strong cross-chain connectivity.
SCR (Scroll): Collaborating with World Liberty, on-chain data and cross-chain connections adopt Chainlink standards.
These projects have solid fundamentals and are worth a closer look for those interested in 'value investing'! 🔍
RSR, DYDX, SOL
Although these coins do not have a direct connection to Trump, they have indirect links through his team and investors:
RSR (Reserve Rights): Has a consulting relationship with the new SEC chair Paul Atkins.
DYDX, SOL: These two projects have been invested in by Craft Ventures, led by investor David O. Sacks, who was chosen by Trump.
These projects have good development potential, and the opportunities for indirect benefits should not be underestimated! 💡
🐸 Trump concept meme coins, don't miss out!
In addition to mainstream projects, there are also some meme coins related to Trump that are worth paying attention to:
TRUMP (Ethereum chain): Market cap over $80 million, although it has fallen nearly 90%, it has rebound potential.
TREMP (Solana chain): Quirky style, market cap of $10 million, suitable for those who enjoy fun coins.
MAGA (Maga Hat): Thematic around Trump's iconic hat, market cap of $39 million, with many fans!
These meme coins, although highly volatile, could see new upward opportunities if policies are favorable. Friends who enjoy high risk and high returns might want to pay attention! 🎢
📈 Investment Advice: Seize the opportunity and move forward steadily!
This series of actions by Trump's team undoubtedly brings new investment opportunities to the crypto market, especially for altcoins related to Trump.
However, investment carries risks, and one should be cautious when entering the market. While seizing these opportunities, everyone should also manage risks to avoid being caught off guard by market fluctuations! 🛡️
Although the directly associated coins carry high risks, projects connected through cooperation and indirect links are also worth watching. Crypto enthusiasts, prepare in advance to seize the dividends brought by the 'Trump effect'! 🚀💸
What do you think about this 'ultimate operation' by Trump's team? Feel free to share your thoughts in the comments! 👇🔥