In addition to cleansing up within the Electoral School, Donald Trump additionally appears to be doing relatively bullishly along with his cryptocurrency account. And now, observers are questioning if Wall Avenue Pepe ($WEPE) is subsequent on his radar.
Regardless of his previous expertise for bankrupting companies, Trump’s crypto account appears to be bucking tendencies by performing relatively properly to date. In line with Arkham, he at the moment holds virtually $10M in crypto property, with $TROG being the most important one by far (virtually $3.9M).
That is notable as his most well-liked cryptocurrency has at all times gave the impression to be Ethereum ($ETH).
However may his subsequent goal be Wall Avenue Pepe ($WEPE)? Given his political inclination to buck tendencies, break guidelines, and upset the apple cart, what $WEPE is attempting to perform within the crypto markets could resonate along with his group.
In any case, $WEPE is predicated on turning the tables on Wall Avenue whales, and letting the small traders make their potential fortune. This rule-bucking and trend-breaking may very well be what appeals to the President-elect, as he prepares to take workplace in simply over a month from now.
$WEPE is doing remarkably properly in the intervening time with a market cap of virtually $40M and a value steadily going up by the day. Presales have hit $3.5M with 5.2B tokens already purchased and locked up. Future annual yields are at the moment estimated to be simply over 150%.
Social media buzz can also be serving to to propel $WEPE and increase presales, because it prepares to formally launch in simply 4 days from now.
All of this meme coin shopping for enthusiasm comes as Trump’s crypto platform, World Liberty Monetary, embarks on an enormous crypto spending spree. Ethereum ($ETH) costs surged as WLF purchased $10M of the tokens, in addition to $1M in each aave ($AAVE) and Chainlink’s $LINK tokens.
That is on high of one other $30M spent in Ethereum ($ETH) previously 12 days, and his shut buddy Elon Musk utilizing his X platform to push cryptocurrencies.
Shopping for $LINK tokens can also be price noting, as Trump’s World Liberty Monetary makes use of Chainlink’s infrastructure. So it’s cheap to imagine that his huge funding within the firm is predicated on the very best pursuits of his personal fledgling crypto firm.
