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Summary
Transcript
Now check this out. First off, if you haven’t seen this, you may want to check it out. Now I don’t use this exchange but World Liberty Financial has a stablecoin right here, right? It’s called USD1, alright? Trump’s family owns a large amount of this exchange, right? I’m not gonna get into that but I want to show you something that went really undetected. Stories started popping up and just recently on July 10th, why is the Trump family project World Liberty Financial collaborating with this company right here, Colonel DA out, alright? So I want to first go, we’re gonna talk about what this is, this project.
Now Colonel has only been out on exchanges since beginning of April, around that area, March, April, okay? You can see that this, you would look and go, oh the price has fallen but it’s not what you think. There was a token airdrop and this is what’s synonymous with token airdrops but it gets it into a lot of people’s hands, right? Because if you click over to market cap, the market cap hasn’t changed. The amount of circulating supply which is about 20% of the total and that shouldn’t freak you out because what you want to do is you want to look a little deeper and look at token unlocks and things like that, right? There’s a lot of positive stuff here when you look at the token unlocks and again just go to, you know, coin market cap and you can check this project out, right? But some really interesting things is this is on some major exchanges and you could already see that you can get yield from Colonel on exchanges like Binance, Gate and Kucoin, huge exchanges, right? That’s pretty darn impressive but it gets a little better.
We’re gonna dive into this story with Trump because it’s more than just a price story and if you notice the price since what early July has been trending upwards and you could see that volume is also increasing, right? Because there’s some things going on behind the scenes of people don’t pay attention to and it has a lot to do with this, alright? So let’s dive into this story real quick of what happened at the end of May. It says here on Crypto News, Trump linked WLFI USD1 stablecoin scores restaking upgrade with Colonel Dow promising dual yield.
So it says the project makes waves as the USD1 stablecoin becomes restakable through Colonel Dow unlocking rewards and real utility for holders. It says world like Liberty Financial, the Trump linked crypto venture is fusing its stablecoin with Colonel Dow in a bold blockchain move making it a restakable asset according to X and here is the official post from X from their website, okay? The reason why this is exciting here, sorry I clicked the wrong one, let’s get off of that too. Alright, why I think this is exciting is because these are small companies that are going undetected at first.
Can you imagine if you owned Uniswap their token when it first came out or the BNB token when it first came out or let’s say Link, you know, Chainlink, can you imagine when it first came out and it was like a 25 million dollar market cap coin? I mean think about how much money you could make and this is just me thinking out of this box. None of this is financial advice, right? But let me just type in Link real quick here and let’s look at it. It’s a 12 billion dollar asset, right? That’s Oracle’s.
You’ve probably heard me talking about DIA lately because I’m really excited about that project. But when you look way back in 2018 when I was or 2017, this came out when I started in cryptocurrency, the market cap of this was 66 million dollars. Can you imagine if you would have just bought one token at its price of, back then, come on now, 18 cents and now it’s 18 dollars. What is that? 100x? That’s if you sold just now. Can you imagine selling an 18 cent token at 50 bucks? That’s incredible, right? So I look at some of these projects and I go, hey, Colonel is doing work with Trump’s Liberty Financial stable coin.
It is a 44 million dollar market cap right now. A month ago it was down here. The market cap of Colonel was at 7 million. It’s now 44 million. The question is where are some of these projects gonna go from here? And I think that’s really important that people take a look at that. So I’m gonna link down in the video the coin market cap page. You could just go straight to it and check it out. My DeFi group is already looking at it if you want the coin picks, you know, they’ve had this for like a couple of days to look at, digest it and pick some up.
But if you want those links, links down below, you know, for the coin picks. But my point being is that this is free. You can go and do this research yourself and just nibble at some of these things. Anyway, hope you got something out of that. I just want to let you know what goes on in my brain because I’m starting to see these partnerships between like big organizations like World Liberty Financial, the Trump family. They’re not in the business of of just jumping in. Let’s say they do a lot more research you think before they do something.
All right. With that being said, thank you so much for watching the economic ninja. [tr:trw].
See more of The Economic Ninja on their Public Channel and the MPN The Economic Ninja channel.