Wallet Associated with Trump Acquires Aave and Chainlink – Is This Coin Next?

A crypto wallet associated with Donald Trump has allocated $10M USDC to purchase Chainlink (LINK), Ethereum (ETH), and Aave – could another cryptocurrency follow?

As 2024 ushers in a new phase of adoption, many expect the US Government to start establishing a strategic national Bitcoin reserve following Donald Trump’s significant victory in November.

HOLY SHIT. This may be the most bullish video I’ve ever seen for #Bitcoin.
This woman manages a fund for individuals with a net worth exceeding $100M and she is convinced Trump will increase US bitcoin holdings to 1M coins and create a strategic reserve. pic.twitter.com/88g92QjD1X

— ₿itcoinTeddy (@Bitcoin_Teddy) December 12, 2024

However, it seems that the interest of the incoming President-elect in cryptocurrency extends beyond the US Treasury.

Close relatives initiated the well-known World Liberty Financial presale, and now a Trump wallet is investing significant amounts in leading altcoins.

Trump Crypto Wallet Invests $10M in Chainlink (LINK) and Aave Crypto

On-chain analysts from LookOnChain, tracking crypto wallets purportedly linked to the Trump family’s World Liberty Financial DeFi project, noted considerable transactions executed by a WLFI address on December 11.

Forget about Dollar-Cost Averaging; over $12M in USDC was rapidly deployed in a buying frenzy that appeared to signify major value investments in prominent high-cap altcoins.

Among the acquisitions, 83.3% of the USDC utilized was directed towards acquiring 2,631 ETH (purchased at a market value of $3,801).

Further allocations included 8.33% spent on 41,335 LINK valued at $1 (this Chainlink purchase equates to a market price of $24.2) and 8.33% on 3,357 AAVE crypto valued at $1M (acquired at $297.8).

The transactions were executed using a multi-signature wallet, raising questions about whether the LINK and Aave crypto investments were a decision made by the Trump family office (involving several Trump family members) or if they were conducted by a professional team employed by the Trump family.

While the incoming President-elect has clearly stated his pro-crypto stance, the extent of his personal engagement in cryptocurrency remains uncertain. Much of his knowledge and interest is reportedly derived from his sons Barron and Eric.

It is also noteworthy that these acquisitions occurred on the same day Eric Trump attended Bitcoin MENA in Abu Dhabi, an event that has generated excitement around promising cryptocurrencies like Chainlink – which announced a move to the UAE, along with other rapidly expanding projects in the sector like Crypto All-Stars.

New Meme Coin Staking DeFi Protocol Crypto All-Stars Launched in 7-Days After Explosive $13M Presale

Smart money investors are looking forward to the imminent launch of a new DeFi protocol, Crypto All-Stars (STARS) in just 7 days as the project’s successful $13M presale approaches its conclusion.

Only a limited time remains, with just a week left for early investors to secure their share before the DEX launch in what could be the simplest 10X opportunity this December.

Crypto All-Stars aims to address a significant issue for retail investors in the space – the lack of passive income opportunities provided by ERC-20, SOL, and BASE meme coins while traders hold.

The innovative developers behind this initiative have tackled this by introducing Meme Vaults, which allow retail investors to stake their meme coins to earn a passive high APY return.

This not only enables investors to effectively double down on their investments but also encourages healthy holding behavior – helping to mitigate the effects of ‘jeeting’ behavior in the market and fostering robust project communities with strong gold banks.

Analysts anticipate that Crypto All-Stars’ omnichain DeFi offering will unlock significant growth in the market.

Numerous meme coin projects are expected to establish partnerships with the platform in the upcoming months.

Additionally, an attractive 190% APY staking offer is already available for holders of popular tokens such as Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, MogCoin, Milady, TurboToken, Toshi The Cat, Coq Inu, and Bonk.

Investors can acquire $STARS on the website using ETH, USDT, BNB, or bank card.

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