As well as cleaning up in the Electoral College, Donald ***** also seems to be doing rather bullishly with his cryptocurrency account. And now, observers are wondering if Wall Street Pepe ($WEPE) is next on his radar.
Despite his past talent for bankrupting businesses, *****’s crypto account seems to be bucking trends by performing rather well so far. According to Arkham, he currently holds almost $10M in crypto assets, with $TROG being the biggest one by far (almost $3.9M).
This is notable as his preferred cryptocurrency has always seemed to be Ethereum ($ETH).
But could his next target be Wall Street Pepe ($WEPE)? Given his political inclination to buck trends, break rules, and upset the apple cart, what $WEPE is trying to accomplish in the crypto markets may resonate with his team.
After all, $WEPE is based on turning the tables on Wall Street whales, and letting the small investors make their potential fortune. This rule-bucking and trend-breaking could be what appeals to the President-elect, as he prepares to take office in just over a month from now.
$WEPE is doing remarkably well at the moment with a market cap of almost $40M and a price steadily going up by the day. Presales have hit $3.5M with 5.2B tokens already bought and locked up. Future annual yields are currently estimated to be just over 150%.
Social media buzz is also helping to propel $WEPE and boost presales, as it prepares to officially launch in just four days from now.
All of this meme coin buying enthusiasm comes as *****’s crypto platform, World Liberty Financial, embarks on a big crypto spending spree. Ethereum ($ETH) prices surged as WLF bought $10M of the tokens, as well as $1M in both aave ($AAVE) and Chainlink’s $LINK tokens.
This is on top of another $30M spent in Ethereum ($ETH) in the past 12 days, and his close buddy Elon Musk using his X platform to push cryptocurrencies.
Buying $LINK tokens is also worth noting, as *****’s World Liberty Financial uses Chainlink’s infrastructure. So it’s reasonable to assume that his big investment in the company is based on the best interests of his own fledgling crypto company.