On the night of December 12, Beijing time, Time magazine announced that U.S. President-elect Trump was named Person of the Year. Following this news, the cryptocurrency market rose. Later, when asked about the 'cryptocurrency asset strategic reserve' at the New York Stock Exchange, Trump stated, 'I will do great things in the cryptocurrency field.'
This is the first time the industry has welcomed a U.S. president who provides such clear support for cryptocurrency. So, what cryptocurrency assets are related to Trump? Is there still room for these assets to rise before Trump's inauguration in January? Here is a review and analysis of these questions.
WLFI
WLFI has the deepest connection with Trump, but that does not mean it is the best investment target. WLFI is the token of the Trump family’s cryptocurrency project World Liberty Financial, but its token terms and utility are not ideal. Additionally, most of the project's revenue will flow to Trump rather than to token holders.
Terms and Utility: According to the updated WLFI token sale terms, WLFI is only for governance functions and cannot be used as an investment tool. Currently, all WLFI tokens are indefinitely locked in wallets or smart contracts and are non-transferable. To unlock the transferability of WLFI through the protocol governance process in the future, the following conditions must be met: compliance with applicable laws, and at least 12 months must have passed since the completion of the token sale. Additionally, as the tokens are non-transferable, the project team currently has no plans to establish a secondary market for the tokens. Tokens purchased are non-refundable unless required by law. The WLFI project reserves the right to refuse or cancel token purchase requests.
According to the 'World Liberty Gold Paper' document, approximately $30 million of WLFI's initial revenue will be used as reserves to pay for operating expenses and other financial obligations. The Delaware company DT Marks DEFI LLC, related to Trump, will receive 75% of the net revenue from the agreement. The Trump family will receive 2.25 billion WLFI tokens, valued at approximately $337.5 million based on an issuance price of 1.5 cents. The remaining 25% of the net agreement revenue will belong to the Puerto Rican company Axiom Management Group (AMG), wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to distribute half of its revenue rights to Trump's close friend and political donor Steve Witkoff and companies associated with some of his family members, WC Digital Fi.
ETH, AAVE, LINK, SCR
Directly investing in cryptocurrency projects associated with the Trump family may not necessarily be the most profitable choice, while betting on those projects that collaborate with this initiative and have good fundamentals themselves may have a better chance.
The World Liberty project plans to deploy AAVE V3 instances on the Ethereum and Scroll platforms. Notably, Sandy Peng, the co-founder of Scroll, is also an advisor to World Liberty. Moreover, the project's on-chain data and cross-chain connections will adopt Chainlink's standards.
According to on-chain data, the World Liberty project’s wallet purchased ETH, LINK, and AAVE tokens, which became a major news driver for the significant rise of AAVE and LINK on December 12.
In addition to its connection with Trump, the aforementioned cryptocurrency projects also possess solid fundamentals, making them suitable for 'value investment.' For example, Chainlink, as an industry-leading oracle, is actively expanding into new directions such as tokenization and cross-chain; Aave is currently the largest lending protocol by on-chain market share, with several key metrics reaching all-time highs, yet its token price is still less than half of its historical peak, indicating significant growth potential.
RSR
RSR is the token of the DeFi protocol Reserve Rights. Although this project has no direct connection to Trump, the next chairperson of the U.S. Securities and Exchange Commission (SEC), nominated by Trump, Paul Atkins, is an advisor to this project.
DYDX, SOL
DYDX and SOL have no direct connection to Trump, but Craft Ventures, led by Trump's chosen 'crypto czar' David O. Sacks, has invested in these two projects.
MEME
Meme coins related to the Trump concept are also worth paying attention to; here are several representatives with larger market values:
TRUMP (Ethereum Chain): Current market value exceeds $80 million, having fallen nearly 90% from its peak in early June this year.
TREMP (Solana Chain): The token's name and logo have a quirky style, with a current market value of approximately $10 million.
MAGA (Maga Hat): Symbolized by Trump's iconic slogan and campaign hat, with a current market value of $39 million.
Club asset review
TOP.1
DOGS, HMSTR
During the current sector rotation, although the TON Telegram ecosystem has not experienced explosive growth, there are clear signs of accumulation. Therefore, the club has decided to strategically position itself in this sector ahead of time.
Among them, DOGS and HMSTR performed outstandingly, each entering the Binance gainers list:
- DOGS: Accumulation point was $0.0077, peaking at $0.009475, with a rise of 22%.
- HMSTR: Accumulation point was $0.004376, peaking at $0.004879, with a rise of 11.53%.
Additionally, the other two assets NOT and CATI also achieved gains of 7% and 6%, respectively, performing well.
Join the club to get real-time strategies and seize bull market opportunities!
TOP.2
Club public strategy asset review: #arkm
$ARKM, as part of the AI sector, has received investment support from OpenAI founder Sam Altman. With OpenAI announcing a 12-day live streaming event, the club has high expectations for $ARKM's performance.
The club marked #arkm at 2.35; the current price has risen to 2.7, an increase of 14.9%.
Congratulations to all the members who have already entered the market; you can take profit as appropriate based on your personal positions and keep a portion for further bullish expectations, targeting the range of 3.
TOP.3
Club asset review: #lpt
$LPT, as the only token in Grayscale's holdings that has not risen, has a high likelihood of upward potential.
The club suggested members to accumulate $LPT at 16.7, and the current price has risen to 22.6, an increase of 36% from the suggested price.
In addition, #lpt has successfully ranked 4th on Binance's gainers list.
For $LPT, club members have been advised to take partial profits at appropriate times, while the remaining portion can continue to be held, targeting a price range of 25-30.
TOP.4
