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December 21, 2024

Trump-Backed DeFi Project Makes Bold Move Buying Ethereum Dip

World Liberty Financial, a decentralized finance project associated with Donald Trump’s family, has made headlines for its recent aggressive investment in Ethereum. After a significant downturn in the crypto market exacerbated by a Federal Reserve rate cut, the project invested a staggering $2.5 million in Ethereum. This strategic move demonstrates confidence in the long-term potential of ETH alongside broader crypto market recovery. Industry analysts suggest that this acquisition could influence market sentiment positively, encouraging more investment into Ethereum as its price stabilizes post-decline.

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