According to breaking news, when onchain data was examined, Donald Trump's cryptocurrency project World Liberty Financial purchased $5 million worth of Ethereum (ETH).
With subsequent purchases by Donald Trump's team, the total value of purchased Ethereum (ETH) reached approximately $20 million.
The purchases were made via a decentralized cryptocurrency exchange called CowSwap, and as a result, there was a sudden jump in the price of the exchange's token, COW.
There were claims in recent discussions that Trump preferred US-based cryptocurrencies, which is why Ethereum could pale in comparison to Solana in the near future. This purchase, which came right after, seems to put an end to the discussion, even though it was not made directly by Trump himself.
In addition, it was claimed by Justin Sun that World Liberty Financial would also purchase Tron (TRX).
*This is not investment advice.
