#WLFI Investors are just big fools, they can't transfer, can't sell! No profits, only able to buy coins to vote for others!
Moon5labs
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Trump's World Liberty Financial Buys Millions in Bitcoin
WLFI’s Massive Cryptocurrency Investment World Liberty Financial (WLFI), a decentralized finance platform linked to Donald Trump and his family, has surprised the crypto world with a massive acquisition of digital assets just hours before Trump’s inaugural ceremony. According to data from Arkham Intelligence, WLFI’s wallet purchased over $109 million worth of cryptocurrencies in a single day, spanning six different digital assets. Bitcoin and Other Major Purchases The most notable acquisition was 177.26 Wrapped Bitcoins (WBTC), a bitcoin derivative on the Ethereum blockchain, valued at approximately $18.8 million. This purchase occurred during the final two hours of WLFI's buying spree.
This move caused a stir in the crypto community. For instance, Michael Saylor, a well-known Bitcoin advocate, celebrated the purchase until he was corrected by Fernando Ulrich, an economist from Brazil. Saylor, who recently reevaluated his stance on Ethereum (ETH), admitted that he had previously underestimated its value. Other Cryptocurrencies in WLFI’s Portfolio In addition to Bitcoin, WLFI invested over $47 million into other cryptocurrencies, including: 7,022 ETH (valued at $23.5 million),5.037 million Ethena (ENA) tokens (worth $4.7 million),Chainlink (LINK) for $5.5 million,AAVE for $4.4 million,Tron (TRX) for $4.5 million. The investments were executed through more than a dozen transactions on the decentralized exchange CoW. Overall, WLFI invested $71.5 million into Ethereum over the past 24 hours, acquiring 21,425 ETH at an average price of $3,337.
Trump’s Rocky Start in Crypto Business Trump’s entry into the cryptocurrency world with the World Liberty Financial token on October 15 had a rocky start. Despite a massive promotional campaign led by Trump and his family, the public token sale fell short of expectations and faced significant setbacks that cast a shadow over its launch. WLFI’s Future Plans and Expansion Despite the rough beginning, WLFI is already focusing on expansion by exploring partnerships with established decentralized finance (DeFi) platforms. One of the key proposals is an initiative by Ethena Labs to integrate its staked synthetic dollar (sUSDe) into Aave’s upcoming platform update, paving the way for a strong foothold in the DeFi ecosystem. Conclusion Despite its initial challenges, WLFI demonstrates ambition to become a significant player in the cryptocurrency space. Its investments and pursuit of partnerships highlight Trump’s platform's big plans for the future. The crypto community will be watching closely to see how these developments unfold.
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