The crypto future that Donald J. Trump unveiled before has now evolved, with his latest teaser revealing his plans for a new cryptocurrency project called "The DeFiant Ones." This points out to a "decentralized finance" (DeFi) platform that he will soon launch, and it was revealed that this will be a family affair, with the platform to be run by his kin.
Several teasers regarding the new crypto project from the Trump family have been teased, but there are still a lot of details that remain unknown.
Trump's 'The Defiant Ones' is a Family-Run Crypto Project
(Photo : Jon Cherry/Getty Images)
Donald Trump shared his latest cryptocurrency project with his 7.59 million followers over at Truth Social, teasing his new and upcoming venture called "The DeFiant Ones." In his post, Trump is now calling people to "take a stand-together" and the time is now to do so against the "big banks and financial elites" that have been capitalizing against Americans.
Trump said that these big entities in the financial world have been "squeezing" the American public, teasing that his new decentralized finance platform will go against it.
Included in his post, Trump also shared a Telegram link to The DeFiant Ones which will lead users to a channel where announcements and more information would be shared.
Apart from being teased on Truth Social and leading users to a Telegram channel, Trump's The DeFiant Ones have also been appearing on other platforms. The family-run crypto project that will soon be a new kind of platform was also shared by Donald Trump Jr., the business magnate's son, via X.
Most of the information behind this DeFi platform remains unknown, and its release date was also not revealed.
Trump and His Focus on Cryptocurrency
Many reports claim that the previous Trump administration fostered cryptocurrency, and this led to significant developments in the decentralized finance industry during his term. It is worth noting that Bitcoin grew to an all-time high of $2,200 in 2017, and this was the same year that Trump first stepped into office, continuing massive growth during this time.
For a long time, Trump has also held on to his NFT trading card collection since it first rose to popularity amidst the pandemic, one of the top trends in the crypto industry during this time. That being said, Trump sold his NFT collection in 2022, letting it go for a combined value of $4.45 million, and it was when the public awaited his announcement of his Presidential campaign for 2024.
Recently, Trump appeared to a crowd in Nashville, Tennessee during the Bitcoin 2024 event, vowing that if he becomes president, the US will be the crypto capital of the world and BTC will also gain recognition.
Now, Trump is making noise again in the crypto industry, with his teaser of an upcoming DeFi platform called The DeFiant Ones, which would be run by his family, with the details remaining unknown.
