DWF Labs' Andrei Grachev Says Trump’s $5,000 Dividend Plan Could Send Funds Into Crypto
DWF Labs managing partner Andrei Grachev said that if U.S. President Donald Trump wins the midterm elections and distributes $5,000 to each adult U.S. citizen, the payout would equal 150% of the “helicopter money” distributed during the COVID-19 pandemic. According to Odaily, he said some of the funds could flow into the crypto market, which may see a bull run similar to 2021, and investors should take profits during the rally before a possible crisis.Trump previously promised to give each adult U.S. citizen a $5,000 “dividend” if Republicans win House and Senate seats in the midterm elections. Based on about 240 million adult U.S. citizens, the plan is expected to cost about $1.2 trillion.