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Donald Trump continues to purchase cryptocurrencies.

Donald Trump continues to purchase cryptocurrencies.

12.12.2024 10:21

Donald Trump's blockchain-based financial venture, World Liberty Financial, has shaken the crypto markets with its acquisitions of Ethereum, Aave, and Chainlink. The platform is drawing attention with significant investments and innovative DeFi solutions.

World Liberty Financial has made a significant impact in the crypto market with remarkable purchases backed by the Trump family. This platform, led by Donald Trump and his sons, has caused significant fluctuations in the markets with large purchases of Ethereum, Aave, and Chainlink tokens.

The Trump Family Continues Crypto Purchases

The new player in the cryptocurrency market, World Liberty Financial, is making significant strides with the support of the Trump family. The platform's crypto lending and borrowing services, liquidity pools, and stablecoin transactions attract investors' interest, while the platform's governance token WLFI also stands out.

One of the leading figures of the project, Donald Trump, stands out with his advocacy role in the cryptocurrency world. Eric and Donald Trump Jr. serve as Web3 ambassadors, while Barron Trump's vision in the DeFi space adds value to the project.

Recently, remarkable purchases were made from wallets supported by World Liberty Financial. Among the transactions are $10 million worth of Ethereum and $1 million worth of Aave and Chainlink tokens each. As a result of these purchases, ETH gained 7% in the Asian markets in the morning hours, while AAVE and LINK increased by 30%.

According to Spot on Chain data, the mentioned wallet purchased a total of 8,105 ETH at an average price of $3,700 over the last 12 days, spending $30 million for these purchases. Noted crypto investor TheFlowHorse states that these moves are part of Trump's extensive strategy and could provide significant gains in the coming months.

The platform aims to strengthen its integration into the crypto ecosystem by leveraging Chainlink's data services. The pricing data provided by Chainlink and the cross-chain interoperability infrastructure play a crucial role in the project's development.



 
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