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Trump pumps his kids’ crypto project

Former President Trump took a break from critiquing the DNC on social media to promote his sons’ crypto DeFi project, “The DeFiant Ones,” to his over 7.5 million Truth Social followers.

The message links to a Telegram group of the same name with only a few posts since Donald Trump Jr. announced the project, but an August 15 post does declare it is “the only official Telegram channel for the Trump DeFi project!” As of press time, the group has roughly 32,500 members.

DeFi, short for decentralized finance, is a broad term used in the crypto industry for any peer-to-peer blockchain-based finance app or project, so how exactly Donald Trump Jr. will “shake up the crypto world” with “something HUGE” as he teased on August 7 is unclear.

Regardless, the announcement bolsters the presidential candidate’s pro-crypto stance, which includes pitching a national bitcoin stockpile and getting rid of crypto-averse SEC Chair Gary Gensler.

DeFi, short for decentralized finance, is a broad term used in the crypto industry for any peer-to-peer blockchain-based finance app or project, so how exactly Donald Trump Jr. will “shake up the crypto world” with “something HUGE” as he teased on August 7 is unclear.

Regardless, the announcement bolsters the presidential candidate’s pro-crypto stance, which includes pitching a national bitcoin stockpile and getting rid of crypto-averse SEC Chair Gary Gensler.

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