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🤔 The Trump fam made a major cryptocurrency purchase!
The Trump family company made another purchase. This time, the company acquired: WBTC for $5 million, AUSDC for $5 million, and MOVE for $352,470. Also, yesterday the company additionally bought ETH for $5 million.
WBTC is, in simple terms, Bitcoin on the Ethereum network, where 1 WBTC equals 1 BTC. AUSDC is a stablecoin on the Aave network that earns interest like a bank deposit.
Analysts at 10x Research, meanwhile, expect Ethereum to rise above $3000, citing strong indicators. In their opinion, the oversold nature of the asset indicates a possible rebound.