{"id":13266,"date":"2025-01-20T04:58:06","date_gmt":"2025-01-20T04:58:06","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=13266"},"modified":"2025-01-20T04:58:08","modified_gmt":"2025-01-20T04:58:08","slug":"trumps-crypto-project-acquires-48m-in-ether","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/trumps-crypto-project-acquires-48m-in-ether\/","title":{"rendered":"Trump\u2019s Crypto Project Acquires $48M in Ether"},"content":{"rendered":"\n<p>Donald Trump\u2019s crypto venture, World Liberty Financial, made headlines after purchasing $48 million worth of Ether (ETH) on January 19. The move comes as Ethereum has shown slight gains against Bitcoin, with the ETH\/BTC ratio climbing 0.79% to 0.03197.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-world-liberty-financial-expands-ethereum-holdings\">World Liberty Financial Expands Ethereum Holdings<\/h3>\n\n\n\n<p>According to data shared by Lookonchain, World Liberty Financial bought 14,403 ETH in a series of transactions, bringing its total Ethereum holdings to 33,630 ETH\u2014valued at over $107 million, per Arkham Intelligence.<\/p>\n\n\n\n<p>The purchase follows a six-week period where Ethereum underperformed against Bitcoin, falling 18%. However, the recent uptick in the ETH\/BTC ratio has sparked speculation about World Liberty Financial\u2019s strategy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-trump-memecoin-sparks-broader-crypto-activity\">Trump Memecoin Sparks Broader Crypto Activity<\/h3>\n\n\n\n<p>World Liberty Financial\u2019s Ether acquisition comes shortly after the surprise launch of Donald Trump\u2019s memecoin on the Solana blockchain. The memecoin\u2019s debut triggered a surge in Solana\u2019s (SOL) price, pushing it to an all-time high of $270.<\/p>\n\n\n\n<p>Meanwhile, speculation is brewing about what World Liberty Financial may unveil next. Eric Trump, an adviser to the organization, teased on social media: \u201cWait until you see what they do tomorrow.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ether-prices-and-interest-surge\">Ether Prices and Interest Surge<\/h3>\n\n\n\n<p>In the past 24 hours, Ethereum prices fluctuated between $3,133.98 and $3,439.78 but are currently down 1.5% to $3,230, according to CoinGecko. Despite the dip, Google search trends for &#8220;Ethereum&#8221; have spiked, indicating heightened public interest.<\/p>\n\n\n\n<p>Adding to the excitement, Melania Trump launched her own memecoin, <strong>MELANIA<\/strong>, on January 19, just one day before Donald Trump\u2019s inauguration as the US president. The self-titled token reached a valuation of $6 billion in under two hours, with its website describing it as a way for buyers to show their support.<\/p>\n\n\n\n<p>However, the launch of MELANIA coincided with a $5 billion drop in the market cap of Donald Trump\u2019s token, which plunged 38% in just 40 minutes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2019s crypto venture, World Liberty Financial, made headlines after purchasing $48 million worth of Ether (ETH) on January 19. The move comes as Ethereum has shown slight gains against Bitcoin, with the ETH\/BTC ratio climbing 0.79% to 0.03197. World Liberty Financial Expands Ethereum Holdings According to data shared by Lookonchain, World Liberty Financial bought [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":3825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[258,2,43],"tags":[],"class_list":{"0":"post-13266","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"category-featured","9":"category-general-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trump\u2019s Crypto Project Acquires $48M in Ether<\/title>\n<meta name=\"description\" content=\"Donald Trump\u2019s crypto venture, World Liberty Financial, made headlines after purchasing $48 million worth of Ether (ETH) on January 19. 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