On the night of December 12, Beijing time, Time Magazine announced that U.S. President-elect Trump was named Person of the Year, and upon this news, the cryptocurrency market rose. Later, Trump stated at the New York Stock Exchange regarding questions about 'cryptocurrency asset strategic reserves': 'I will do great things in the cryptocurrency space.'
This is the first time the industry has welcomed such clear support for cryptocurrency from a U.S. president. So, what cryptocurrency targets are related to Trump? Is there still room for growth in these targets 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 Trump's family cryptocurrency project World Liberty Financial, but its token terms and utility are not ideal. Moreover, 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. All WLFI tokens are currently indefinitely locked in wallets or smart contracts and cannot be transferred. To unlock the transferability of WLFI in the future through the protocol governance process, 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. Furthermore, due to the non-transferable nature of the tokens, the project party currently has no plans to establish a secondary market for the tokens. Token purchases 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 operational costs 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 at an issuance price of 1.5 cents. The remaining 25% of net protocol revenue will go to the Puerto Rican company Axiom Management Group (AMG), wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its profit rights to Trump's close friend and political donor Steve Witkoff and certain family member-associated companies WC Digital Fi.
ETH, AAVE, LINK, SCR
Directly investing in cryptocurrency projects associated with the Trump family may not be the most cost-effective choice, while betting on those projects cooperating with this initiative, which also have solid fundamentals, may be more promising.
World Liberty plans to deploy AAVE V3 instances on the Ethereum and Scroll platforms. Notably, Sandy Peng, co-founder of Scroll, is also a project advisor for World Liberty. Additionally, 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 also became the main news drivers for AAVE and LINK's surge on December 12.
In addition to connections with Trump, the above cryptocurrency native projects also have solid fundamentals, suitable for 'value investing.' For example, Chainlink, as the industry-leading oracle, is actively expanding into new directions such as tokenization and cross-chain; Aave is the largest lending protocol by market share on-chain, currently setting historical highs in several key metrics, yet its token price is still less than half of the 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, Paul Atkins, nominated by Trump for the next chairman of the U.S. Securities and Exchange Commission (SEC), is an advisor to this project.
DYDX, SOL
DYDX and SOL have no direct connection with 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 attention, here are a few larger market cap representatives:
TRUMP (Ethereum Chain): Current market value exceeds $80 million, down nearly 90% from the peak in early June this year.
TREMP (Solana Chain): The token name and logo have a quirky style, with a current market value of about $10 million.
MAGA (Maga Hat): Symbolized by Trump's iconic slogan and campaign hat, currently valued at $39 million.
Club Target 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 layout this sector's targets in advance for strategic ambush.
Among them, DOGS and HMSTR performed prominently, both entering Binance's increase list:
- DOGS: Entry point was $0.0077, peaked at $0.009475, with an increase of 22%.
- HMSTR: Entry point was $0.004376, peaked at $0.004879, with an increase of 11.53%.
In addition, the other two targets NOT and CATI also achieved increases of 7% and 6%, respectively, performing well.
Join the club to get real-time strategies and seize opportunities in the bull market!
TOP.2
Club public strategy target review: #arkm
$ARKM, as part of the AI sector, has received investment support from OpenAI founder Sam Altman. As OpenAI announces a 12-day live broadcast event, the club has high expectations for $ARKM's rise.
The club marked #arkm at 2.35, and the price has now risen to 2.7, with an increase of 14.9%.
Congratulations to all the friends who have entered the market. You can take profits in a timely manner based on your personal positions, keeping a portion to continue holding bullishly, with the target range being 3.
TOP.3
Club Target Review: #lpt
$LPT, as the only token in Grayscale's holdings that hasn't risen, likely has significant upside potential.
The club suggested members to ambush $LPT at 16.7, and the price has now risen to 22.6, an increase of 36% compared to the suggested price.
In addition, #lpt also successfully reached the 4th place on Binance's increase list.
For $LPT, club members have been advised to take profits in a timely manner on part of their holdings, while the remaining can continue to be held, with a target price range of 25-30.
TOP.4
