World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; suddenly, the price surged.
Trump’s decentralized finance (DeFi) project, World Liberty Financial, has acquired thousands of Altcoins with USD Coin (USDC) in the past few hours, including Ethereum (ETH), Chainlink (LINK), and AAVE (AAVE).
According to Etherscan data on Dec. 12, WLFI acquired more than 2,631 ETH, worth 10 million USDC, at the average price of $3,801. Ether price increased 2.36% in an hour and 6.86% in a day of trading.
Chainlink is the second token that was bought by Trump’s project with 1 million USDC, acquiring 41,335 LINK at the average price of $24.2; now, the token has increased 20.56% to $26.72 in a day.
3,357 AAVE tokens were also acquired with 1 million USDC at the average price of $297 per token.
This action was followed after Tron founder Justin Sun announced an investment in these projects with $30 million and claimed as the largest investor.
“We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let’s go,” Sun mentioned on his post.
Following the funding update, crypto billionaire and founder of Tron, Justin Sun has joined the firm as an advisor. The company noted on X’s post that his experience will be instrumental as they continue to innovate and grow.
