Written by Alex Liu, Foresight News
On the night of December 12, Beijing time, Time Magazine announced that US President-elect Trump would be its Person of the Year this year, triggering further rises in related cryptocurrencies. Later, when faced with a question about the "crypto-asset strategic reserve" at the New York Stock Exchange, Trump said "some great things will be done in the field of cryptocurrency."
The industry ushered in the first time The President of the United States is so supportive of cryptocurrencies. What cryptocurrency targets are related to him? Do these Trump targets still have room to rise before taking office in January? Please see the inventory and analysis.
WLFIWLFI is most closely associated with Trump, but is not necessarily the best investment. WLFI is the token of the Trump family’s encryption project World Liberty Financial, but the terms and utility of the token are not ideal, and most of the project’s income will go to Trump rather than to currency holders:
Terms Utility: According to the updated WLFI token sales terms and conditions, WLFI is only used for governance and not as an investment tool; all WLFI is currently locked in a wallet or smart contract indefinitely and is non-transferable; if you wish to unlock it through the protocol governance process in the future wLFI The transferability of the token must meet the following conditions: it is determined that it does not violate applicable laws and it has been at least 12 months since the token sale was completed; since the token is not transferable, the company has not taken any action at present and does not plan to create a secondary market for the token; Tokens purchased are non-refundable, except as required by applicable law; WLF 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 was designated as reserves to cover operating expenses and other financial obligations. DT Marks DEFI LLC, a Delaware company with ties to Trump, will receive 75% of the net agreement proceeds. The Trump family will receive 22.5 billion WLFI tokens, worth approximately $337.5 million based on the issuance price of 1.5 cents. The remaining 25% of net agreement proceeds will accrue to Axiom Management Group (AMG), a Puerto Rican company wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to distribute half of its earnings to WC Digital Fi, an affiliate of Trump confidant and donor Steve Witkoff and some of his family members.
ETH, AAVE, LINK, SCRDirect investment in Trump family encryption projects may not be cost-effective, but betting on crypto-native projects that are chosen to cooperate and build by the project and already have good fundamentals may have a higher winning rate .
World Liberationty will deploy AAVE V3 instances on Ethereum and Scroll. Scroll co-founder Sandy Peng is also a project consultant for World Liberty. The project’s on-chain data and cross-chain connections will also adopt the Chainlink standard.
According to data on the chain, the World Liberty project wallet bought ETH, LINK, and AAVE tokens. This was also the main news driver for the surge in AAVE and LINK on December 12. force.
In addition to their connection with Trump, the above crypto-native projects also have good fundamentals and are easier to "value invest". For example, Chainlink is the industry's leading oracle and is also working on tokenization and cross-chain. Aave is the lending protocol with the largest share on the chain. Currently, many of the project's indicators are at record highs, but the token price is lower than ever. Half of the highest price...
RSRRSR is the token of the DeFi protocol Reserve Rights. This project is not directly related to Trump, but Trump chose Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC) as consultant for the project.
DYDX, SOLDYDX and SOL are not directly related to Trump, but Craft Ventures, owned by his chosen "crypto czar" David O. Sacks, invested in these two projects.
MEMEMeme coins related to the Trump concept are also worthy of attention. The ones with larger market values are:
TRUMP on the Ethereum chain, with a current market value of 80 million+ US dollars, as of early June this year The high point has fallen by nearly 90%
TREMP on the Solana chain, the token name and logo are all funny, and the current market value is US$10 million
MAGA (Maga Hat), the Trump logo slogan and campaign hat logo, currently has a market value of $39 million