川普概念貨幣：誰將成為世界自由金融的下一個目標？

近期熱點不斷，可謂百花齊放：AI Agent領銜，Virtuals Protocol市值突破3億美元； Solana生態系ai16z市值也突破10億美元，Hyperliquid生態幣HYPE在產品方面漲幅超過10倍。

With the Bitcoin market share dropping from 60% to 55% recently, the altcoin season has begun. Recently, there have been constant hot spots, which can be said to be a hundred flowers blooming: AI Agent took the lead, Virtuals Protocol broke through the market value of 300 million US dollars; Solana ecosystem ai16z also broke through the market value of 1 billion US dollars, and Hyperliquid ecological currency HYPE rose more than 10 times in terms of products. In terms of products, the open interest in the exchange has repeatedly broken new highs, breaking through 4.3 billion US dollars. Even the NFT sector that was almost forgotten by the market has made some moves. Magic Eden and Pudgy Penguins have successively issued coins, driving many ETH/SOL blue-chip NFT projects to rise.

隨著比特幣市場份額最近從 60% 下降至 55%，山寨幣季節已經開始。近期熱點不斷，可謂百花齊放：AI Agent領銜，Virtuals Protocol市值突破3億美元； Solana生態系ai16z市值也突破10億美元，Hyperliquid生態幣HYPE在產品方面漲幅超過10倍。產品方面，交易所持倉量屢創新高，突破43億美元。就連幾乎被市場遺忘的NFT領域也有所動作。 Magic Eden、Pudgy Penguins 先後發幣，帶動許多 ETH/SOL 藍籌 NFT 專案崛起。

The above simple inventory of hot spots in various sectors shows that they are all centered on the chain. So have the tokens in centralized exchanges really been forgotten by the market?

以上簡單盤點各板塊熱點可見，皆以鏈上為中心。那麼中心化交易所的代幣真的被市場遺忘了嗎？

In fact, there is another narrative in this bull market cycle that cannot be ignored: Trump’s election.

事實上，本輪牛市週期還有一個不可忽視的敘事：川普的當選。

Trump's election means that cryptocurrency has officially entered the public eye. The improvement of laws and regulations and the relaxation of supervision will help external funds enter the cryptocurrency circle, which can be verified by the continuous net inflow of funds from BTC and ETH spot ETFs. The Trump family's cryptocurrency project World Liberty Financial also set an example by frantically purchasing DeFi-related currencies in one month, including ETH, CBBTC, AAVE, LINK, ENA, and ONDO.

川普的當選意味著加密貨幣正式進入公眾視野。法律法規的完善和監管的放鬆將有利於外部資金進入加密貨幣圈子，這一點從BTC、ETH現貨ETF資金持續淨流入就可以得到驗證。川普家族的加密貨幣項目 World Liberty Financial 也做出了榜樣，在一個月內瘋狂購買 DeFi 相關貨幣，包括 ETH、CBBTC、AAVE、LINK、ENA 和 ONDO。

So how did the above currencies perform after World Liberty Financial purchased them? What are the common features between these tokens? What other concept currencies are there? Let WOO X Research take you to find out.

那麼上述貨幣在World Liberty Financial購買後表現如何呢？這些代幣之間有哪些共同特徵？還有哪些概念貨幣？讓 WOO X Research 帶您一探究竟。

Purchase History Summary

購買歷史摘要

The above table shows that World Liberty Financial spent a total of 44.75 million U.S. dollars on cryptocurrencies purchased since November 30. As of the time of writing on December 18, all the currencies held by World Liberty Financial are currently in a state of floating profit.

上表顯示，自 11 月 30 日以來，World Liberty Financial 總共花了 4,475 萬美元購買加密貨幣。

Interestingly, traditional institutions used to be more interested in Bitcoin than Ethereum, but in the investment portfolio, we can see that World Liberty Financial holds far more ETH than Bitcoin. Perhaps this also means that compared to Bitcoin, they are more optimistic about the subsequent price trend of Ethereum.

有趣的是，傳統機構過去對比特幣比以太坊更感興趣，但在投資組合中，我們可以看到World Liberty Financial持有的ETH遠多於比特幣。或許這也意味著，相較於比特幣，他們更看好以太坊後續的價格走勢。

In addition to the above-mentioned holdings, COW is also worth mentioning. When purchasing the above-mentioned currencies at World Liberty Financial, only Cow Protocol is used for purchase, so it is also regarded as Trump concept currency.

除了上述持股之外，COW也值得一提。在World Liberty Financial購買上述貨幣時，只使用Cow Protocol購買，因此也被視為川普概念貨幣。

What coin might you buy next?

您下一步可能會購買什麼硬幣？

After understanding World Liberty Impeccable's investment context, we can speculate on the targets they may focus on next.

在了解了World Liberty Impeccable的投資背景後，我們可以推測他們下一步可能關注的目標。

First of all, from their holdings, we can see that it is best if the token itself has a partnership with World Liberty Financial, such as AAVe m3

首先，從他們的持股來看，代幣本身最好是和World Liberty Financial有合作關係，例如AAVe m3

LINK, and then "clear business model" and "stable actual income". AAVE, LINK, ENA, ONDO, etc. all have clear product positioning, a large number of ecological users and actual income models. This means that they will not blindly pursue "novel" or "pure concept" tokens, but prefer to invest in protocols that can bring long-term value.

LINK，然後是「清晰的商業模式」和「穩定的實際收入」。 AAVE、LINK、ENA、ONDO等都有明確的產品定位、大量的生態用戶和實際的收入模式。這意味著他們不會盲目追求「新穎」或「純概念」的代幣，而是更願意投資能夠帶來長期價值的協議。

LDO: Since World Liberty Financial holds much more ETH than BTC, it shows that they are very optimistic about the long-term potential of Ethereum. With the maturity of Ethereum's staking mechanism, coupled with the possibility of ETFs introducing Ethereum staking rates, the leading protocol LIDO has become the current first choice.

LDO：由於World Liberty Financial持有的ETH遠多於BTC，這顯示他們對以太坊的長期潛力非常看好。隨著以太坊質押機制的成熟，加上ETF引入以太坊質押利率的可能性，領先的協議LIDO成為當前的首選。

It is the largest liquid staking protocol in the Ethereum ecosystem, with a TVL of up to US$37 billion, accounting for 30% of the entire Ethereum staking market.

它是以太坊生態系統中最大的流動性質押協議，TVL高達370億美元，佔整個以太坊質押市場的30%。

Pendle: It mainly focuses on the revenue splitting market, allowing users to trade future revenue rights. With the rise of Ethereum staking rates and yields of protocols such as USDe, the demand for the revenue trading market continues to increase, making Pendle highly concerned by the market in this bull market. Recently, Pendle's TVL has exceeded US$5 billion, and it has established partnerships with multiple mainstream DeFi protocols.

Pendle：主要針對收益分割市場，讓使用者可以交易未來的收益權。隨著以太坊質押率以及USDe等協議收益率的上升，收益交易市場的需求不斷增加，使得Pendle在本次多頭市場中受到市場的高度關注。近期，Pendle 的 TVL 已超過 50 億美元，並與多個主流 DeFi 協議建立了合作夥伴關係。

UNI: Uniswap is the origin of DeFi Summer and is the most commonly used decentralized exchange by users. It is the leader in this field. Recently, they also launched Unichain, but the market response was cold. However, this does not affect users' dependence on Uniswap products.

UNI：Uniswap是DeFi Summer的起源，也是使用者最常用的去中心化交易所。它是該領域的領導者。最近他們也推出了Unichain，但市場反應冷淡。不過，這並不影響使用者對 Uniswap 產品的依賴。

Conclusion: Blue chip project = Presidential cryptocurrency project

結論：藍籌項目=總統加密貨幣項目

Regarding World Liberty Financial's massive cryptocurrency trading, Nansen analyst Nicolai Søndergaard told Bloomberg: "World Liberty Financial's purchase of tokens may be to gain more trust or to promote the development of its own projects by drawing attention to these assets. Because if these assets perform well, World Liberty Financial may also benefit from it."

對於World Liberty Financial 大規模的加密貨幣交易，Nansen 分析師Nicolai Søndergaard 向彭博社表示：「World Liberty Financial 購買代幣可能是為了獲得更多信任，或者透過引起人們對這些資產的關注來促進自己專案的發展。

World Liberty Financial actively deploys blue chip projects

世界自由金融積極佈局藍籌項目