Trump-Linked Crypto Venture Boosts SEI with $775K Purchase Amid Diversified Altcoin Accumulation
13.04.2025 18:32
World Liberty Financial, a crypto venture backed by Donald Trump’s family, has made a notable acquisition by spending $775,000 to purchase SEI tokens. This move is part of a broader altcoin accumulation strategy that also includes positions in major cryptocurrencies such as BTC and ETH, as well as other altcoins like TRX, MOVE, and ONDO. The funds for the SEI purchase were transferred in USDC from the project’s main wallet to a trading wallet, following a historical pattern of similar acquisitions. The recent acquisition coincided with a significant jump in SEI’s price—over 27% in the past week, bringing its trading price to approximately $0.178. In addition, the project quickly dismissed reports that it was selling any ETH or its other positions, after allegations emerged suggesting an $8 million sale of ETH from one of its wallets. This series of moves underscores the venture’s active role in managing a diversified crypto portfolio, while also emphasizing its commitment to accumulating altcoins rather than liquidating key positions in top digital currencies.
The significant $775K purchase and the ensuing 27% surge in price indicate strong positive momentum. The market is likely to see an immediate short-term boost, with increased liquidity and potential long-term sustained interest if further accumulation continues.
As a flagship cryptocurrency, BTC is less likely to be directly influenced by this news. The acquisition’s focus on altcoin diversification suggests that BTC will experience minimal immediate changes, remaining relatively stable as usual.
Despite rumors of an $8M sale, ETH’s price is expected to remain stable due to the project's prompt denial of these claims. Historical trends indicate that reaffirmations of holding positions can neutralize short-term volatility in ETH, preserving a steady long-term outlook.
TRX may benefit indirectly as part of the broader diversification strategy. The association with a high-profile accumulation project can generate mild short-term buying interest, although long-term effects will depend on further market adoption.
MOVE could see a modest, positive influence from the accumulation trend. The project’s strategy might trigger brief short-term price gains as investors monitor portfolio shifts, while its long-term performance will hinge on overall market sentiment.
ONDO stands to gain a minor uptick from this news, with increased investor attention spurred by its inclusion in the portfolio. Short-term price advances are possible, but long-term improvement will rely on sustained investment flows and broader market trends.
Sources
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