World Liberty Financial (WLFI), associated with Donald Trump, increased its assets to 80,000 ETH by purchasing 1622.97 units of Ethereum worth $5 million. The total value of these assets is now estimated at over $240 million. This acquisition comes amidst severe fluctuations in the value of Trump’s digital currency portfolio since the beginning of his second presidential term, with over a 60% decrease in the past week. Additionally, Trump’s official meme coin, launched on January 17th, experienced over a 64% drop after reaching its peak price on January 20th. Currently, tokens related to Trump, managed by CIC Digital and Fight Fight Fight companies, hold 80% of the total supply of this meme coin. Despite the price drop, the value of this cryptocurrency has grown over 28000% from launch to date, reaching a peak value of $80 billion.
WLFI acquires a significant amount of Ethereum, increasing company assets to 80,000 ETH amidst market fluctuations. Trump's digital currency portfolio faces volatility.