DeFiant

Donald Trump

DeFi

<ul>
 <li>Trump promotes "The DeFiant Ones" crypto platform, signaling his shift towards decentralized finance amid his campaign.</li>  
 <li>"The DeFiant Ones" Telegram channel gains traction, reflecting the growing interest in Trump’s latest crypto venture.</li>  
 <li>The Trump family aims to disrupt traditional finance with their new DeFi platform, focusing on equitable access to digital assets.</li> 
</ul>  
<p>Donald Trump has ventured into cryptocurrencies with great passion, endorsing the soon-to-be-released cryptocurrency platform "The DeFiant Ones." The proposal was presented to the former president's 7.5 million followers on Truth Social on Thursday. His post, which indicated a change in his attitude toward digital finance, <a href="https://www.cnbc.com/2024/08/22/trump-crypto-defi-protocol-launch.html" target="_blank" rel="noopener noreferrer nofollow">stressed</a> the need to take a position against the large banks and the financial elites.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/WatcherGuru/status/1826646852655329284
 </div>
</figure>  
<h3 class="wp-block-heading" id="h-growing-momentum-and-public-interest"><strong>Growing Momentum and Public Interest</strong></h3>  
<p>Besides the announcement, Trump’s eldest son, Donald Trump Jr., immediately amplified the message. He shared the news with his 12 million X followers, further fueling excitement.</p>  
<p>Consequently, the linked Telegram channel, also named "The DeFiant Ones," gained rapid traction, attracting around 29,000 followers by Thursday morning. Moreover, this surge reflects growing interest in the Trump Organization’s latest venture.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/DonaldJTrumpJr/status/1824134095053414619
 </div>
</figure>  
<p>The platform’s Telegram group, according to an August 15 post, is the only official channel for the Trump DeFi project. The group aims to build "the future of finance," a clear indicator of the family’s ambitious plans. Furthermore, Trump’s sons, Eric and Donald Jr., have been consistently teasing this project, with Eric calling it “digital real estate” in a recent interview with The New York Post.</p>  
<h3 class="wp-block-heading" id="h-a-strategic-move-in-the-presidential-race"><strong>A Strategic Move in the Presidential Race</strong></h3>  
<p>Significantly, the Trump family has stated that this project is not a memecoin but a full-fledged crypto platform. It is designed to rival the <a href="https://cryptonewsland.com/3-no-risk-tokens-to-buy-for-a-quick-5x-in-2024/" target="_blank" rel="noopener noreferrer nofollow">traditional banking system</a>, tapping into the decentralized finance (DeFi) movement.&nbsp;</p>  
<p>Additionally, Eric Trump highlighted the equitable nature of the platform, noting that anyone can access collateral instantly. This approach, he suggests, could disrupt the conventional financial sector.</p>  
<p>The timing of this launch coincides with Trump’s efforts to regain momentum in his presidential campaign. Therefore, the project has the potential to not only disrupt financial conventions but also enhance Trump's reputation as a pro-crypto candidate.</p>  
<p>His recent actions in cryptocurrency—such as the introduction of NFTs and the <a href="https://cryptonewsland.com/gemini-twins-back-trump-with-2m-donation-blast-bidens-crypto-stance/" target="_blank" rel="noopener noreferrer nofollow">acceptance of donations in cryptocurrency</a>—represent a substantial shift from his earlier anti-crypto position.</p> 
<p>The post <a href="https://cryptonewsland.com/trump-teases-the-defiant-ones-crypto-platform-amid-presidential-campaign/" rel="noopener noreferrer nofollow">Trump Teases “The DeFiant Ones” Crypto Platform Amid Presidential Campaign</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Trump Teases “The DeFiant Ones” Crypto Platform Amid Presidential Campaign

Table of Contents

Crypto News Land

Other articles published on Aug 23, 2024

Brazil Approves Second Solana ETF While U.S. Approval Remains Uncertain

Russia to Launch Stablecoins-Focused Trading Platforms on Domestic Exchanges

Stock Exchange: The Fed is about to shake up the markets!

Powell Speaks: Bitcoin (BTC) Rises, DXY Crashed! Here's the Latest Situation!

SunPump is Stealing the Spotlight from PumpFun, How?

BRICS’ Major Strike Against the Dollar – BRICS Pay Launches Soon

Join our free newsletter for daily crypto updates!