According to @lookonchain, on-chain data reveals the wallet linked to Trump's World Liberty (@worldlibertyfi) recently spent 200,000 USD1 to acquire five different cryptocurrencies. The transaction data shows the wallet purchased 78,922 $B, 409,387 $Liberty, 396,371 $EGL1, 72,917,613 $TAG, and 636,683 $BANK. The total purchase was evenly distributed, with approximately $40,000 invested into each token. For traders, this significant and diversified investment by a notable wallet could impact the liquidity and price action of these specific, smaller-cap altcoins.

According to Crypto Rover (@rovercrc), the launch of @EGLL_american marks the debut of the first political-themed memecoin on Binance Smart Chain (BSC), $EGL1. The token’s narrative aligns with trending topics on @worldlibertyfi and Twitter, creating significant trading interest. Crypto Rover highlights that a Binance Alpha listing is viewed as inevitable, with further ambitions toward listings on Binance and Bybit. Traders should note that the strong social momentum and narrative-driven engagement could drive short-term volatility and liquidity on BSC, potentially impacting broader meme coin trading volumes and signaling renewed interest in political meme narratives in the crypto market (source: Crypto Rover, Twitter, June 8, 2025).