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World Liberty Financial, a cryptocurrency platform backed 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).
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