World Liberty Financial, a cryptocurrency platform backead by Donald Trump, acquired 14,403 Ether (ETH) tokens, amounting to $48 million, on January 19. This purchase increased their total ETH holdings to 33,630 tokens, valued at over $107 million.
This acquisition coincides with a slight uptick in Ethereum's strength relative to Bitcoin, as indicated by the ETH/BTC ratio. The motivation behind World Liberty Financial's substantial ETH purchase has not been publicly disclosed.
In related news, Donald Trump recently launched a meme coin on the Solana blockchain, leading to a surge in Solana's native token (SOL).
$TRUMP & $MELANIA’s Popularity
President-elect Donald Trump and his wife, Melania, have each launched Solana-based cryptocurrency tokens named after themselves: $TRUMP and $MELANIA.
Within hours of its debut, the $TRUMP Meme Coin surged over 300%, reaching a market capitalization of $6.76 billion. The subsequent launch of the $MELANIA coin briefly impacted $TRUMP's value, with $MELANIA attaining a market cap of approximately $5.71 million.
Methods to Invest in $TRUMP
Indians can invest in the new $TRUMP through several methods.
Crypto exchanges are a popular option, and Trump recommends using Moonshot, a meme coin marketplace that accepts payment methods like Apple Pay, Google Pay, debit/credit cards, Venmo, and Solana/USDC. Users just need to sign up with their email address.
How to Buy Cryptos Instantly in India
To buy cryptocurrencies like Ethereum (ETH) and $TRUMP Coins in India, there are several platforms and methods available, tailored to various preferences.
Here’s how to buy Ethereum instantly in India:
Create an account on Koinpark by completing the registration process.
Deposit INR using supported methods.
Buy Ethereum (ETH) by selecting the ETH trading pair and placing an order.
You can follow these simple steps to buy Ethereum instantly in India and trade a variety of other cryptocurrencies, including $TRUMP and Solana (SOL).
