According to OnChain Data, Trump Family Support Password Project World Liberty Financial (WLFI) has added 4.8 million SEI tokens of $ 775,000 to the portfolio.
According to data from Arkham Intelligence, a Blockchain Analytics company, one of the WLFI’s trading wallets were purchased using USDC sent from the main wallet of the project on April 12. This is the same trading wallet that WLFI used to accumulate other Altcoin before.
WLFI has a variety of portfolios, including Bitcoin (BTC), Ether (ETH) and TRON (TRX), TRON (TRX), OnDo Finance (ondo), Avalanche (Avax) and SEI (Sei).
According to Lockonchain, a researcher at Blockchain, WLFI has accumulated a total of $ 338 million tokens, but as of April 12, it has not yet gained profits. Ether Leeum’s investment in the project has now fallen $ 114 million.
Overall, Lookonchain says WLFI’s portfolio has declined $ 145.8 million.
Loss of the current paper profit/loss of World Liberty Financial. source: Lookonchain
Just two months ago, on February 3, Donald Trump’s son Eric Trump urged his followers to buy ethers. “It is a good time to add $ ETH.” Originally, the tweets also included “thank you later”, but were edited to remove these five words.
At the time of writing, Coingecko’s data showed that ERIC Trump’s tweets fell 55% after the tweets of Eric Trump, which traded from $ 2,879 to $ 1,611 on February 3, on February 3rd.
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The USD1 logo of WLFI appears on the main exchanges.
Meanwhile, the icon for WLFI’s stablecoin and USD1 appears to have a coin’s informal logo on the Coinbase, Binance and Crypto Aggregator website CoinmarketCap.
WLFI has not officially announced the logo of the USD1.
Observators speculate that this is a new logo of the USD1. source: transposition
Trump’s participation in USD1 has been criticized by lawmakers on both sides of US politics. In a hearing on the US House Financial Services Commission on April 2, the Democratic Party’s Maxine Waters suggested that President Trump would ultimately use USD1 to replace US dollars.
“Trump will want the whole government to use Stablecoins from paying the housing and urban development departments to paying social security and paying taxes, and what coins will replace the dollar?
French Hill, chairman of the Commission’s Republican Party, also broadcast similar concerns.
“If there is no effort to prevent the US president from owning his Stablecoin business (…) I can’t agree to support this bill, and I will ask other members to avoid this.”
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