The U.S. President linked Firms known as World Liberty Financial have embarked on a Journey of investing $775K in SEI AI agent tokens. On April 12, the project purchased 4.89 million SEI tokens, which raises questions about its trading moves and negative public perception or issues, even after attempts to address.
Details From SEI Agent on Expanding World Liberty Financials’ Portfolio
According to on-chain details sourced from Arkham Intelligence, on April 12, the project bought 4.89 million SEI tokens, equivalent to $ 775 K. The details further show that World Liberty Financial held the trading wallet used for this transaction. Additionally, this same wallet was previously used for similar altcoin investments. Through this move, SEI has been added to a portfolio that already contains Bitcoin, Ether, and other outstanding tokens. Undoubtedly, this has left an impact on the token market performance. For this reason, the SEI’s price has skyrocketed by over 27% last week to $0.178.
Furthermore, research from Lookonchain, a blockchain researcher, the firm has invested a total of $346.8 million, accumulating 11 different tokens. However, as of April 12, it has yet to see a satisfying return on any. Unfortunately, their Ethereum investments alone are currently down over $114 million.
Notwithstanding the challenges, World Liberty Financial holds its head high towards its long-term strategy. A significant voice in the firm (Eric Trump) maintains a bullish stance on vital digital assets like Ethereum, although He put the mozz on it.
USD1 Stable Coin: Unofficial Unveiling(World Liberty Financial)
The World Liberty Financial’s icon, USD1, is showing on prominent platforms like CoinMarketCap, Binance, and Coinbase. This is an unofficial unveiling, as there is no official announcement yet. This has further attracted criticism from both sides of the U.S political bodies towards President Donald Trump. On April 2nd, during a US House Financial Services Committee hearing, Democratic Representative Maxine Waters stated the possible replacement of the U.S. dollar with USD1.
Trump likely wants the entire government to use stablecoins, from payments made by the Department of Housing and Urban Development to Social Security payments to paying taxes. which coin do you think Trump would replace the dollar with? His own, of course.”
Republican Chair French Hill added saying,
“If there is no effort to block the president of the United States… from owning his stablecoin business, I cannot support this bill,” French said.
This is indeed a serious controversy, and it is stirring the market. What could be the outcome, due to opposition from all angles? Republican Chair French Hill again says he will ask other members not to support, just as he won’t support.
- How to find 100x crypto gems on binance alpha
- 3 Simple Steps to Unlock the Reward: How to Recover Ethereum Sent to Wrong Network( ethereum classic)
- GWRITE: No.1 company breaking the social media marketing space
- 3 Easy Steps on How to register a forex trading account
- PuffPaw: The Revolutionary Web3 Vape Project Fusing Utility, Community & Culture
- 5 Explosive Ways Shout.fun Turns Tweets into Tokens: How Social Hype Becomes Real Crypto
- 5 Dark Reasons The Crypto Markets Are Surging Amid Major Policy Shifts and Whale Movements
- Crypto Week Triggers Market Surge as Bitcoin Tops $120K and Institutions Deepen Engagement
- Stablecoin or Scam? 7 Brutal Truth About What Makes One Good
- BOB (Build on Bitcoin): A Complete Beginner’s Guide
- Independence Day in the United States: A Detailed Historical Overview
- Yellow Network: The Future of Decentralized Trading
- Understanding InfoFi: Turning Information into Financial Value
- SoFi Returns to Crypto: What It Means for the Future of Finance
- Lotry: Reinventing the Lottery for the Web3 Generation
- Caldera: Powering the Next Generation of Modular Blockchains
- Irys: The Programmable Datachain Redefining Web3 Storage and Logic
- Kaito Platform Explained: Features, Token, and Why Everyone’s Talking About It
- Understanding Humanity Protocol (HMT): A Guide to Farming and Beyond
- How to Earn Money from YouTube: A Comprehensive Guide
About The Author
