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Trump-backed crypto project buys $48M in Ethereum – What’s next? The Trump-backed World Liberty project acquired 14,403 ETH for $48 million, increasing its total ETH holdings to 41,269 valued at over $140 million. This move signals a bullish stance on Ethereum, with founder Justin Sun heavily involved. Ethereum's recent price rise suggests potential for further growth, with World Liberty eyeing a $3,800-$4,000 target. The project's strategy aligns with Ethereum's increasing network activity and adoption, positioning it as a core asset. World Liberty's actions reflect a broader shift in institutional interest towards Ethereum over Bitcoin, potentially shaping the cryptocurrency market's future.
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