Justin Sun invested $30 million in Trump's project.

TRON founder Justin Sun has invested $30 million in the World Liberty Financial platform, which the sons of US President-elect Donald Trump created. The investment was made through the purchase of WLFI governance tokens.

According to on-chain data, Sun purchased 2 billion WLFI at $0.015. This is more than the total number of tokens sold so far. The investment makes Justin Sun the largest WLFI holder.

World Liberty Financial was launched in mid-September 2024. Initially, its team plans to raise $300 million by selling governance tokens to accredited investors.

However, demand was much lower than expected. Due to this, the target amount was reduced to $30 million. But even so, in more than two months, the team managed to sell tokens worth only $21 million. Notably, according to the platform’s white paper, the Trump family is entitled to 75% of all profits from World Liberty Financial once the $30 million funding is finally secured.
 

Dogecoin ETP Debuts in Sweden

Dogecoin is set to beat the black coin to the new cryptocurrency wave with a new tool for investors. The first Dogecoin ETP, introduced by DeFi Technologies Inc. through its subsidiary Valor Inc., is now available on the Swedish Spotlight Stock Market. This opens up new opportunities for investors in Northern Europe by giving them safe and easy access to DOGE without having to directly invest in the cryptocurrency.

Dogecoin: From Pressure to Real Activity

No matter the hodgepodge reputation of hot cryptocurrencies, Dogecoin has secured its brand popularity with its versatility in microtransactions, and digital payments. Its approach to hot-tempered people like Elon Musk is pushing it to a position in the market. The introduction of the ETP in the Swedish market is an important factor in establishing Dogecoin as a serious financial instrument.

 

Experts predict Ethereum will grow above $4,000 before Trump's inauguration

Growing interest is declining, and there is hope for a softening of the prerequisite scheme for Ethereum growth above $4,000 before Donald Trump's inauguration. This is the conclusion reached by Block Scholes and Bybit Analytics.

Analysts draw attention to the increase in OI for perpetual contracts for the second time by cryptocurrency capitalization on Bybit ($8.9 billion) above the analogous indicator for analogs on the markets ($6.7 billion).

In their opinion, this is the result of a "thoughtful redirection" and not mass liquidations.

 

The market of interest has shifted from meme coins to DeFi tokens

Leading meme coins have lost their momentum for growth, and DeFi tokens have become more powerful. The dynamics of the corresponding indices evidence this, writes The Block.

Over the week, the characteristic dynamics of the top 30 meme coins, the GMMEME indicator, fell by 0.95%.

The index has fluctuated between 470 and 535 points over the past two weeks, with an unsuccessful attempt to break out of the band upward on November 23, when it reached an ATH of 571.87 points.

 

Stablecoin capitalization reached a record $191.5 billion.

The total market value of "stablecoins" reached $191.5 billion, updating the ATH after the collapse of Terra's UST in May 2022. Pay attention to this in Bloomberg.

Since the beginning of the year, the indicator has grown by 46%. Institutions note the increased role of stablecoins in global trade as a tool for cross-border settlements.

70% ($133 billion) of the total value is accounted for by Tether. The company is expanding the use of USDT for withdrawing funds in new industries, including lending to resource companies.

 

The XT exchange was hacked. $1.7 million stolen

Centralized crypto exchange XT has suspended withdrawals due to "maintenance and wallet updates." According to PeckShieldAlert, the platform lost $1.7 million as a result of the hack.

According to domestic analysts, the attacker exchanged the stolen crypto assets for 461.58 ETH. Funds based on the identified PeckShield address.

The exchange's team of victims confirmed the information about the "anomalous transaction" with the wallet platform and assured that customer funds are safe - the volume of reserves is 1.5 times the amount of court assets.

 

Tether to Stop Supporting EURT

Tether will stop supporting the euro-pegged stablecoin EURT due to low demand and tightening EU regulations.

According to the statement, the last request to buy the asset was processed back in 2022, which confirms that the issuer has stopped issuing the coin. New requests will not be accepted.

 

Tether has called on EURT holders to redeem their tokens by November 27, 2025.