Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Shares of ASPI are jumping today after a report that the sons of Donald Trump — Eric and Don Jr — invested in the convertible notes of its subsidiary. Quantum Leap Energy is wholly owned by ASPI and raised about $64.3 billion, according to Bloomberg. Among those investors were Trump’s sons and naturally, shares of the parent company are up 20%.The notes value the company at $400 million, which is about half of ASPI’s market cap, so it certainly moves the needle for the company. Quantum Leap Energy sounds like it might be related to quantum computing — which is a meme of its own — but it’s a uranium enrichment company.Trump’s sons have also invested in rare earths and — no surprise — the government is wholly backing that industry. Another investment was in Hadrian, a company that builds factories for aerospace and defense manufacturers.The report doesn’t say how much the sons invested but it’s clear we’re now in an India-like investment regime where the companies directly connected to the government’s family and friends make large gains and losses depending on the election results.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
ASPI’s stock surge is tied to high-profile investments, but here’s why traders should be cautious. The reported investment by Eric and Don Jr. Trump in Quantum Leap Energy’s convertible notes, which raised a staggering $64.3 billion, could signal confidence in ASPI’s future. However, the hype surrounding celebrity endorsements can often lead to volatility. Traders should be wary of potential price corrections as the initial excitement fades. It’s crucial to monitor ASPI’s technical levels; a break above recent highs could indicate a sustained rally, while failure to hold gains might trigger profit-taking. Keep an eye on broader market sentiment, especially in energy sectors, as this could influence ASPI’s performance. On the flip side, the influx of capital from notable investors might attract institutional interest, potentially stabilizing the stock. But remember, the market can be fickle, and speculative trading can lead to sharp reversals. Watch for key support levels and any news that might impact investor sentiment in the coming days.
📮 Takeaway
Traders should monitor ASPI’s price action closely; a break above recent highs could signal further gains, while failure to hold could lead to a pullback.
