The encryption head of the Trump administration, David Sacks, is a supporter of Solana and an investor in Multicoin Capital.

robot
Abstract generation in progress

BlockBeats news, on December 6th, according to Cointelegraph, David Sacks, the newly appointed head of encryption by the Trump administration, is a staunch supporter of Solana and an investor in Multicoin Capital, an encryption investment company. In October 2021, David Sacks publicly disclosed in the 50th episode of the 'All-In' podcast that he purchased a large amount of Solana (SOL) at a discount and stated that he did not dump SOL after the FTX crash. He also mentioned that Solana has the potential to replace Ethereum and become the preferred blockchain platform. Formerly, David Sacks was appointed by Trump as the head of encryption. The VC founded by David Sacks has invested in encryption projects such as dYdX and Lightning Labs.

SOL-6.37%
ETH-5.47%
VC-0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
GateUser-e6f74a23vip
· 2024-12-06 13:42
Buy the Dip 🤑
Reply0
GateUser-e6f74a23vip
· 2024-12-06 12:25
To Da Moon 🌕
Reply0
WanderingAroundTheWorvip
· 2024-12-06 11:15
pro take me 💰
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)