Donald #TRUMP -backed cryptocurrency project World Liberty Financial spent approximately $3 million to purchase $EOS and increased the token price by 5%.
World Liberty Financial, supported by US President Donald Trump, whose name has been frequently mentioned in the cryptocurrency market recently, came to the fore with a large #eos purchase. It was announced that the company spent a total of 2 million 996 thousand USDT and purchased 3 million 636 thousand EOS at an average of $0.824. This large-scale purchase caused an immediate increase in the EOS price, and the price increased by 5% in a short time.
The fact that EOS increased its price with this purchase once again revealed the effect of the movements of important names and projects in the cryptocurrency market on token prices. This step by World Liberty Financial, supported by Trump, attracted attention in the market and increased the interest of EOS investors.
The Trump effect continues
Donald Trump's interest in the cryptocurrency sector had previously shown itself with different projects. The World Liberty Financial project, in particular, stands out as one of the initiatives that Trump actively supports in the market. The recent EOS purchase is a prime example of how Trump-backed projects can move the market.
Such large-scale purchases in the cryptocurrency market usually attract the attention of investors and cause short-term price increases. EOS investors have also started to follow the price movements closely with this development.
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