Donald Trump is all-in on crypto. He is leaving no stone unturned in courting crypto enthusiasts ahead of the presidential election in November.
On Friday, Trump took to X (formerly known as Twitter) to announce the launch date for his new crypto project, World Liberty Financial.
In a video shared on X, he can be heard saying, “Join me live on Twitter at 8:00 p.m. on September 16 for the launch of World Liberty Financial. We are embracing the future with crypto and leaving the slow and outdated big banks behind.”
Was Trump’s Announcement Spontaneous or Planned?
World Liberty Financial was already announced on Truth Social, Trump’s social media platform, with a white paper released last month. This latest announcement on X raises the question: Was this a spontaneous move, or was it planned all along?
Considering Trump’s probability of winning on Polymarket has slumped, and he now trails Kamala Harris by one point, it could be an attempt to energize the crypto community. This move seems more like a spontaneous reaction to events that unfolded after the presidential debate held in Philadelphia earlier this week.
In the video, Trump barely spoke three full sentences, with no clear information about the launch event or what will happen on September 16 and afterward. This is concerning as he has been more rhetorical in his crypto callings than actually mentioning details of what could be considered a plan.
Trump’s crypto project, World Liberty Financial, has also faced criticism for lacking clearly defined goals. In a recent incident, Trump’s family members’ X accounts were hacked and was used to promote a fake crypto project.
Similarly, there have been reports of fake crypto projects being promoted in the official Telegram group for World Liberty. However, the Trump team has been quick to act and issue warnings to not fall prey to impostors impersonating Trump’s crypto project.