- WLFI, a Trump-affiliated DeFi project, purchases $21.5M in Bitcoin, Ethereum, and MOVE tokens.
- The buy comes just before Trump’s expected Bitcoin reserve announcement at the White House Crypto Summit.
- The president’s crypto involvement raises speculation about his potential impact on U.S. digital asset policy.
Trump-linked DeFi project WLFI has made a massive crypto purchase. The crypto project scooped up over $21 million worth of digital assets, fueling speculation about the project’s next move in the crypto space.
On-chain data shows WLFI’s recent buy includes:
- $10 million in Bitcoin (110 BTC)
- $10 million in Ethereum (4,468 ETH)
- $1.5 million in MOVE (3.42 million MOVE tokens)
Crypto analysts believe WLFI’s purchases signal deepening interest of digital assets under Trump administration, possibly paving the way for pro-blockchain regulations. Others speculate that the president’s direct involvement with digital assets could shape future elections narrative, attracting crypto-friendly voters and investors alike.
This move comes as Trump is expected to unveil a Bitcoin reserve strategy at the March 7th summit, hinting potential policy shifts under his influence. The US president has been increasingly vocal about digital assets, previously hinting at a more crypto-friendly stance compared to earlier regulatory crackdowns.
Besides Bitcoin, leading altcoins such as XRP, Cardano’s ADA, and SOL have emerged as clear favorites, thriving amidst policy shifts. AVAX as well as SUI, FIL, APT, NEAR, and MOVE have also gained significant momentum following White House invitations.
These Altcoins Are Trump’s Top Contenders for US Crypto Dominance
All of the above mentioned tokens could be potential candidates for a strategic crypto reserve. Even memecoins like BONK and TRUMP grab headlines, established projects like LINK, Litecoin’s LTC, DOT, and Hedera’s HBAR are considered stronger contenders due to their technological robustness and real-world utility. The “Made in USA” category highlights projects like ALGO, GRT, and MINA, suggesting a focus on fostering domestic innovation.
As reported by TronWeekly, the insights are based on those cryptocurrencies that have been publicly mentioned by Donald Trump. Proponents suggest that these projects, having engaged directly with policymakers, stand to gain preferential treatment and regulatory clarity.
As the clock ticks down to the White House Crypto Summit, all eyes are on Trump. Will he shake up the crypto world with a game-changing Bitcoin policy? The market is watching closely.