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Donald Trump Jr Hints At Official Crypto Project Launch

Donald Trump Jr has warned of fake scammers impersonating the family ahead of the planned crypto project launch
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Donald Trump Jr Hints At Official Crypto Project Launch

Highlights

  • The Trump family are planning to launch a crypto project soon
  • Donald Trump Jr just warned of fake tokens impersonating the family
  • The Trumps have history of launching NFTs and crypto-themed projects in the past

Donald Trump Jr, the first son of the Republican Presidential Candidate has warned of scammers impersonating the family’s good name. Eric Trump has also corroborated the warning, a trend that suggests the family might be leaning more toward launching a crypto project.

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Donald Trump Token In View?

The strong leaning toward crypto by the Donald Trump campaign is well known to the broader industry. Before the electioneering campaign entered full gear, the former President has been launching Non-Fungible Token (NFT) collections.

This notably secured him his first major recognition in the industry. However, since the election campaign started, Trump has not stopped saying how he will support the Bitcoin ecosystem. Beyond his promises, his sons have also revealed intentions to deepen their ties in the industry.

The first hint at the coming crypto project came when Eric Trump revealed his new affinity for DeFi and the industry as a whole. With plans to shake up the crypto world with a big announcement, it appears many are already taking advantage of the expectations.

To curtail this and protect users, the Trump brothers confirmed that the announcement for any official crypto project will first go live on the official channels. Despite the growing speculation on what the announcement is, the advice is to stay safe for now.

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Driving the America First Agenda 

The forthcoming US Presidential election is notably placing crypto in the spotlight. With the plans to put American first, the country has a lot of catching up to do with Brazil approving its first Solana ETF.

Though VanEck and 21Shares have filed similar applications in the US, there is skepticism that the project will see the light of day. Proponents of the product believe the current composition of the US SEC might need to change before the product can bag approval.

Another area that President Donald Trump hopes to put the US first is in Bitcoin Mining. As earlier reported, Russian President Vladimir Putin has signed a Bill that has now legalized Bitcoin mining in the country. With this advancement, the US have a long way to go.

Read Also: Donald Trump Calls Press Conference, ‘Huge’ Crypto Announcement?

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

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