Trump’s Family Ventures into Cryptocurrency: A Look at ONDO Coin

As BTC struggles below $96,000, altcoins are experiencing losses exceeding 4%. The dominant cryptocurrency appears to be recovering from low points, yet altcoins remain trailing behind, following a repeated cycle that has persisted since mid-December. This situation raises questions about the involvement of Trump’s family in the market.

ONDO Coin and Trump’s Influence

WLFI recently announced that buyers could acquire tokens from their projects, resembling a barter system. Trump’s rising popularity has shifted into the realm of crypto marketing. While the specifics of the exchange remain unclear, Trump’s son will be a speaker at an ONDO Coin event, suggesting a potential endorsement that could bolster market interest.

Despite BTC’s decline during the announcement, ONDO Coin’s price surged by approximately 4% before returning to its previous levels. This fluctuation reflects the volatility within the altcoin sphere.

Currently, ETH hovers around the $2,700 mark, while most altcoins are turning red, indicating a challenging landscape for cryptocurrency investments.