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Altcoins LTC, SOL, XRP, ETH Poised After Trump Jr. Firm's Investment - Coin Edition

Retrieved on: 2025-09-05 20:30:07

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Summary

Thumzup Media Corporation, backed by Donald Trump Jr., announces a strategic pivot into cryptocurrency investments and mining operations, targeting leading altcoins for potential growth.

The Nasdaq-listed company has purchased $1 million in Bitcoin and authorized investments in Dogecoin, Litecoin, Solana, XRP, Ethereum, and USDC. Thumzup signed agreements to acquire 2,500 Dogecoin miners with plans to expand to 3,500 units. The move positions the firm as one of the few publicly traded utility-scale DOGE miners, with potential annual revenues exceeding $22 million at current prices.

  • Institutional adoption accelerates as CleanCore Solutions becomes the first public company to adopt DOGE as primary treasury reserve
  • Litecoin shows renewed network activity with fee collections hitting $2,100 and hash rate tripling in 18 months
  • Solana apps generated $148 million revenue in August, nearly doubling year-over-year with record trading volumes
  • Major exchanges file amendments for XRP ETF frameworks, potentially unlocking significant investment inflows

Article found on: coinedition.com

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