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Trump Began to Promote The DeFiant Ones Crypto Project on Truth Social

Key Points:

Former President Donald Trump promoted a new crypto project called “The DeFiant Ones” to his followers on Truth Social.
Donald Trump Jr. launched a Telegram channel for the project, gathering 25,000 subscribers and promising future updates related to DeFi.

Former U.S. President Donald Trump has been brought to the attention of a new crypto venture, “The DeFiant Ones,” touting a project to his 7.57 million followers on Truth Social.

Trump Family Unveils New Crypto Project: The DeFiant Ones

This was after earlier clues from his sons, Donald Trump Jr. and Eric Trump, regarding some kind of major announcement related to crypto.

The project, which appears to be another DeFi initiative, only came to light when Donald Trump Jr. created a Telegram channel with the same name – The DeFiant Ones – on August 16. The channel has already racked up 25,000 subscribers in no time and promises “important updates and announcements” soon. So far, there has been only one message: “Let’s go!!!!!”

In a Truth Social post, Trump blasted big banks and the financial elites, asking Americans to “take a stand—together.” The channel name arrives after “Be DeFiant,” “World Liberty,” and “World Liberty Financial” trademark applications by AMG Software Solutions were filed in July, foreshadowing the decentralized finance developments to come.

Eric Trump Hints at “Digital Real Estate” in Upcoming Crypto Project

Details on the nature of the project have been kept mum by the Trump family. However, Eric Trump revealed in an interview with the New York Post that the initiative would relate to “digital real estate,” leaving what it would involve open to speculation.

In the excitement, there was a meme coin called “Restore the Republic,” which misleadingly claimed affiliation with the Trumps before causing investors to lose money in that particular meme coin.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.