In the short term, try to stay away from crypto projects and crypto-related U.S. stocks closely associated with Trump.
The Democrats haven’t even taken office yet, but they’ve already started planning to settle scores with people connected to Trump—first Jensen Huang, and now Elon Musk. The news just came out that the U.S. is going to investigate Musk. You can see that the impact of losing control of both chambers is huge: anyone who sponsored Trump is likely to get hurt. So which coins are particularly close to Trump?
Besides Trump’s own TRUMP and WLFI, which are the first in the firing line, $XRP donated $5 million to Trump, Coinbase donated $1 million, the team behind $ONDO donated $1 million, and CRCL donated $1 million. The most notable example is CRO, which donated $37 million to Trump. After that donation, the SEC ended its investigation into the project. The team behind $SOL also donated several million dollars to fund Trump’s election campaign, and the team behind Robinhood’s U.S. stock ticker HOOD donated over a million dollars to Trump’s inauguration. Binance hasn’t openly funded Trump, but it has been quite close to him behind the scenes.
Of course, these projects have already fallen a lot in the short term. Wait for a rebound before considering an exit, since even if the Democrats want to settle scores, it will take time.
These are all crypto projects or crypto-related U.S. stocks closely associated with Trump. Keep an eye on related developments lately to avoid being caught off guard by sudden negative news.
The Democrats haven’t even taken office yet, but they’ve already started planning to settle scores with people connected to Trump—first Jensen Huang, and now Elon Musk. The news just came out that the U.S. is going to investigate Musk. You can see that the impact of losing control of both chambers is huge: anyone who sponsored Trump is likely to get hurt. So which coins are particularly close to Trump?
Besides Trump’s own TRUMP and WLFI, which are the first in the firing line, $XRP donated $5 million to Trump, Coinbase donated $1 million, the team behind $ONDO donated $1 million, and CRCL donated $1 million. The most notable example is CRO, which donated $37 million to Trump. After that donation, the SEC ended its investigation into the project. The team behind $SOL also donated several million dollars to fund Trump’s election campaign, and the team behind Robinhood’s U.S. stock ticker HOOD donated over a million dollars to Trump’s inauguration. Binance hasn’t openly funded Trump, but it has been quite close to him behind the scenes.
Of course, these projects have already fallen a lot in the short term. Wait for a rebound before considering an exit, since even if the Democrats want to settle scores, it will take time.
These are all crypto projects or crypto-related U.S. stocks closely associated with Trump. Keep an eye on related developments lately to avoid being caught off guard by sudden negative news.
