- Trump’s crypto-forward legacy has begun.
- The Department of Government Efficiency boasts DOGE memecoin as its official avatar.
- World Liberty Financial stacks crypto including TRX, ETH, WBTC, AAVE, ENA, and LINK.
Since Trump’s inauguration, the President has already busied himself with delivering his promises to the crypto community. Firstly, he ensured Gensler’s resignation and put a crypto-friendly face on the Chair. Then the Department of Government Efficiency (DOGE) went live with the DOGE memecoin logo featured as an official US government website.
Trump’s Pro-Crypto USA Begins
As we can see from the post above, prominent crypto figures are stunned to see the Trump effect for the crypto community. In detail, Lark Davis marvels over what Trump accomplished on his first day which is making the memecoin DOGE an official face of a US government website. He then goes on to wonder what a Strategic Bitcoin Reserve can do for the country.
Many believe the golden age of crypto begins now and Lark Davis is one of them. He also states that the market isn’t bullish enough for what is to come next for crypto. Reflecting this sentiment is the Crypto Fear & Greed Index that marks a score of 84 today, a major increase from yesterday’s 76, now marking a greater ‘Extreme Greed’ phase.
World Liberty Financial Leads Trump’s Ambition
Meanwhile, reflecting Trump’s ambition of making the USA a crypto hub, World Liberty Financial has spent another 2.65 million USDT to buy 10.81 million TRX, bringing its total to 30.11 million TRX.
As seen in the post above, the entity has also spent $168.4 million on 6 tokens which include $99.95 million on ETH, $47 million on WBTC, $7.35 million on TRX, and $4.7 million each on AAVE, ENA, and LINK.
The post Trump’s Crypto Reign Begins, DOGE Becomes Face of Government Entity, World Liberty Financial Stacks Crypto appeared first on Cryptonewsland.
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