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Similar to the Electoral College cleanup, Donald Trump seems to be taking a pretty bullish stance on his crypto accounts as well. And now observers are wondering if Wall Street Pepe ($WEPE) is next on the radar.
Despite his past talent for bankrupting companies, Trump's cryptocurrency accounts have performed fairly well so far, seemingly bucking the trend. According to Arkham, he currently has approximately $10 million in crypto assets, of which $TROG is by far the largest (approximately $3.9 million).
This is notable since his preferred cryptocurrency always seems to be Ethereum ($ETH).
But could his next target be Wall Street Pepe ($WEPE)? Given his political penchant for bucking trends, breaking rules, and upending the apple cart, what $WEPE is trying to accomplish in the crypto market may resonate with his team.
After all, $WEPE is built on turning the tables on Wall Street whales and empowering small investors to build potential wealth. Going against the rules and bucking trends could be appealing to the next president, who takes office just a month from now.
$WEPE is doing very well at the moment, with a market capitalization of around $40 million, and the price is steadily increasing day by day. Pre-sales reached $3.5 million, with 5.2 billion tokens already purchased and locked up. Future annual yields are currently estimated to be just over 150%.
Social media buzz has also been a driving force behind $WEPE, helping drive pre-orders as it prepares for its official launch just four days from now.
This meme coin buying frenzy is all happening as President Trump's crypto platform, World Liberty Financial, embarks on a major crypto spending spree. The price of Ethereum ($ETH) skyrocketed as WLF bought $10 million in tokens, as well as $1 million in both aave ($AAVE) and Chainlink's $LINK tokens.
This is on top of an additional $30 million spent on Ethereum ($ETH) in the past 12 days, as well as his close friend Elon Musk's use of the X Platform to promote the cryptocurrency. Add.
The purchase of $LINK tokens is also noteworthy since President Trump’s World Liberty Financial relies on Chainlink’s infrastructure. Therefore, it is reasonable to assume that his large investment in the company is in the best interests of his own fledgling crypto company.
