World Liberty Financial acquired million dollars of ETH, LINK, and AAVE

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As a seasoned crypto investor with over a decade of experience navigating the digital frontier, I find myself intrigued by the recent moves of World Liberty Financial (WLFI), particularly their strategic acquisition of key Altcoins such as Ethereum (ETH), Chainlink (LINK), and AAVE (AAVE). The timing couldn’t be more perfect, with Trump’s decentralized finance project making these purchases just hours before a significant price surge.

World Liberty Financial (WLFI) conducted transactions involving millions of US Dollar Coins (USDC) to purchase additional Altcoins. All of a sudden, the value of those Altcoins skyrocketed.

Over the past few hours, Trump’s Decentralized Finance (DeFi) project, World Liberty Financial, has purchased thousands of various Altcoins using USD Coin (USDC). Among these are Ethereum (ETH), Chainlink (LINK), and Aave (AAVE).

Based on Etherscan’s December 12th report, WLFI purchased over 2,631 Ether, valued at approximately 10 million US Dollars, at an average price of around $3,801. In just one hour, the price of Ether rose by 2.36%, and within a day, it experienced a 6.86% increase in trading value.

In simpler terms, Chainlink was the second cryptocurrency that Trump’s project purchased for 1 million US Dollars, obtaining approximately 41,335 LINK at an average price of $24.2. Since then, the token has experienced a rise of 20.56%, currently trading at around $26.72 per token within a single day.

3,357 AAVE tokens were also acquired with 1 million USDC at the average price of $297 per token.

After Justin Sun, the founder of Tron, declared a $30 million investment in these ventures and asserted himself as the primary investor, this move ensued.

Sun announced with excitement that Tron will invest $30 million as the largest shareholder in World Liberty Financial (@worldlibertyfi). He believes the U.S. is rapidly growing into a blockchain powerhouse, crediting President Trump for this development. Tron aims to spearhead innovation and make America even greater in the realm of technology.

After receiving a funding update, well-known cryptocurrency entrepreneur and creator of Tron, Justin Sun, has come aboard as an advisor for the company. They mentioned in a recent social media post that Sun’s expertise will prove vital as they proceed with further innovation and growth.

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2024-12-12 07:35