Former US President Donald Trump to Launch Family Cryptocurrency Project

IconCryptoNewsTerminal Staff12 Sep, 2024

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Former US President Donald Trump to Launch Family Cryptocurrency Project

According to a cryptocurrency news expert, former US President Donald Trump announced plans to launch his family's cryptocurrency project, World Liberty Financial, on September 16 (local time). The move marks Trump's entry into the rapidly growing cryptocurrency market, which has seen a surge in popularity in recent years. Details of the project remain scarce, but Trump has promised to reveal more information closer to the launch date. It is unclear what role Trump will play in the project or how it will be structured. However, it is expected to be a significant event in the cryptocurrency industry, given Trump's high profile and large following. The cryptocurrency market has been on a roller coaster ride in recent months, with prices fluctuating wildly. However, it has also seen a surge in institutional investment, which has helped to legitimize the asset class. It remains to be seen how Trump's project will be received by the market, but it is sure to attract a lot of attention.