While 2 of his sons unveiled a crypto project earlier this month, Donald Trump promoted it on his social network. On this occasion, he shared a Telegram group called The DeFiant Ones, on which information about the said project should be communicated.
Donald Trump promotes his children's crypto project
About 2 weeks ago we were talking about the crypto project that we wanted to launch 2 of Donald Trump's sonsOn Thursday, the former US president and candidate for a second term gave his support to the project through a message on his Truth Social network:
For too long, the average American has been crushed by big banks and financial elites. It's time we take a stand, together.
Along with this message, Donald Trump posted a link to a Telegram channel called The DeFiant Ones:
The DeFiant One Telegram Channel Overview
As with the initial announcement of the project, the latter's objective remains as enigmatic as everwhile the chosen profile picture could even suggest that it serves as a marketing tool for Donald Trump's presidential campaign. However, it is indicated that more information will be shared in the coming days.
For his part, Donald Trump Jr. also invited people to join the said Telegram channel, after the many rumors that circulated about the project:
A lot of rumors are swirling about our crypto project. To get the real story and stay updated with official announcements, join our official Telegram channel. Don't rely on speculation—get the news directly here!https://t.co/wVPMEJTpKy
— Donald Trump Jr. (@DonaldJTrumpJr) August 15, 2024
So, we will have to wait a few more days to hope to know what is going on. Furthermore, let us remember that the names World Liberty, Be Defiant and World Liberty Financial were filed last July by Puerto Rico-based AMG Software Solutions.
👉 Also in the news — Bitcoin generates $4 million in fees in 1 hour thanks to a new protocol: What do we know?
Meanwhile, MAGA, a memecoin featuring Donald Trump, has risen 15% in 24 hours, now trading at $3.89, although it has nothing to do with The Defiant Ones project.
Cryptoast Research: Don't Spoil This Bull Run, Surround Yourself With Experts
The #1 Crypto Newsletter 🍞
Receive a daily crypto news recap by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products, or services. Some links in this article may be affiliate links. This means that if you purchase a product or sign up for a site from this article, our partner pays us a commission. This allows us to continue to provide you with original and useful content. There is no impact on you and you can even get a bonus for using our links.
Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers must do their own research before taking any action and only invest within the limits of their financial capacities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with a high return potential implies a high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of these savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.
Since 2021, I have devoted my free time to seriously training myself on cryptocurrencies in order to acquire as much knowledge and credibility as possible. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyses on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
1310 articles
