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Cryptocurrency News Articles
TRON DAO Strengthens WLFI Liquidity and Ecosystem
Jan 21, 2025 at 08:20 am
Justin Sun has strengthened his financial commitment to World Liberty Financial (WLFI), increasing his investment by $45 million.
Justin Sun, the founder of TRON, has announced an additional $45 million investment in the Trump family project World Liberty Financial (WLFI), bringing his total investment in the project to $75 million. This news comes as WLFI completed its public offering today, seeing a 5% increase in the unit price, which rose temporarily from $0.015 to $0.05.
As the project gains traction ahead of a significant political event, such as the inauguration of Donald Trump as the next U.S. president, these developments highlight the growing synergy between TRON DAO and WLFI, emphasizing their collective role in reshaping the DeFi ecosystem.
TRON DAO Strengthens WLFI Liquidity and Ecosystem
In line with TRON DAO’s strategy to bolster WLFI’s liquidity and market presence, TRON DAO is swiftly deploying $15 million in USDT to purchase one billion WLFI tokens. This transaction, which occurred within an hour of the investment announcement, is garnering attention due to its potential impact on stabilizing WLFI’s ecosystem.
These moves appear to be part of a calculated effort to ensure liquidity and investor confidence in WLFI, especially as the project amasses support ahead of the highly anticipated event.
WLFI Expands Token Supply to Meet Growing Demand
Responding to the heightened interest, WLFI is announcing a 5% increase in its token supply, which can be purchased through the project’s official website using ETH, USDC, USDT, or WETH.
Out of the total 25 billion tokens for sale, 20.86 billion have been sold, leaving 4.138 billion tokens up for grabs. Connect your crypto wallet to the site to facilitate purchases.
The project has seen a surge in activity, with Etherscan data showing 36,612 holders and a 5.713% increase in the number of holders. A total of 44,519 transfers further indicates the growing adoption of WLFI. The current token price remains at $0.05, reflecting steady interest from investors despite market volatility.
Mutual Benefits Between TRX and WLFI
Recently, WLFI acquired TRX tokens in a move that seems to be forging a mutually beneficial relationship between the two entities. Both projects are now leveraging each other’s ecosystems for growth, and the timing of these developments suggests strategic planning to boost WLFI’s market credibility and adoption.
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