World Liberty Financial Acquires Altcoins, Leading to Price Surges

World Liberty Financial (WLFI), a decentralized finance (DeFi) project, has recorded significant transactions involving millions of dollars of USD Coin (USDC) to acquire various Altcoins. This sudden influx of investments has led to price surges in the acquired tokens.

Altcoin Acquisitions and Price Movements

According to recent data, WLFI has acquired thousands of Altcoins, including Ethereum, Chainlink, and AAVE, using USDC. Specifically, WLFI acquired:

  • 2,631 ETH, worth 10 million USDC, at an average price of $3,801. The Ethereum price increased by 2.36% in an hour and 6.86% in a day.
  • 41,335 LINK with 1 million USDC, at an average price of $24.2. The Chainlink token has since increased by 20.56% to $26.72 in a day.
  • 3,357 AAVE tokens with 1 million USDC, at an average price of $297 per token.

Justin Sun’s Investment and Involvement

These acquisitions follow a significant investment by Justin Sun, founder of Tron, who announced a $30 million investment in WLFI, claiming to be the largest investor. Sun expressed his enthusiasm for the project, stating:

“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.”

Following the funding update, Justin Sun has joined WLFI as an advisor, bringing his experience to the table as the company continues to innovate and grow.

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