World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; Suddenly, the price went up.
Trump's decentralized finance (DeFi) project, World Liberty Financial, has acquired thousands of Altcoins with USD Coin (USDC) in the last few hours, including ethereum (eth), Chainlink (LINK), and AAVE (AAVE).
According to Etherscan data On December 12, WLFI acquired over 2,631 eth, worth 10 million USDC, at an average price of $3,801. The ether price increased by 2.36% in one hour and 6.86% in one trading day.
Chainlink is the second token that the Trump project purchased with 1 million USDC, acquiring 41,335 LINK at the average price of $24.2; Now, the token has risen by 20.56% to $26.72 in one day.
3,357 AAVE tokens were also purchased with 1 million USDC at an average price of $297 per token.
This action came after Tron founder Justin Sun announced an investment in these projects of $30 million and asserted himself as the largest investor.
“We are delighted to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. America is becoming the hub of blockchain and bitcoin owes it to @realDonaldTrump! TRON is committed to Making America Great Again and leading in innovation. Let's go,” Sun mentioned in his post.
Following the funding upgrade, crypto billionaire and Tron founder Justin Sun joined the company as an advisor. The company stated in <a target="_blank" rel="nofollow" href="https://x.com/worldlibertyfi/status/1861470615749972169″ target=”_blank”>x post that their experience will be critical as they continue to innovate and grow.