{"id":33638,"date":"2024-12-16T20:00:31","date_gmt":"2024-12-16T17:00:31","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=33638"},"modified":"2024-12-16T18:40:58","modified_gmt":"2024-12-16T15:40:58","slug":"trumps-defi-project-world-liberty-financials-6-cryptocurrency-purchases","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trumps-defi-project-world-liberty-financials-6-cryptocurrency-purchases\/","title":{"rendered":"Trump&#8217;s DeFi Project World Liberty Financial&#8217;s 6 Cryptocurrency Purchases!"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/is-trumps-sec-chair-pick-paul-atkins-a-promising-choice-for-crypto\/\">Trump&#8217;s<\/a> <strong>DeFi<\/strong> project <strong>World Liberty Financial<\/strong> surpasses 45 million dollars in cryptocurrency purchases in December!<\/p>\n<p>Similarly, World Liberty Financial made a purchase of 250,000 dollars worth of the <strong>DeFi<\/strong> token <strong>ONDO<\/strong> last night.<\/p>\n<p>On December 14, they acquired 500,000 dollars worth of <strong>Ethena (ENA)<\/strong> tokens. Following the news, <strong>ENA<\/strong> token gained over 20% in value. Before the purchase, <strong>ENA<\/strong> was trading below 1 dollar, and now it is trading above 1.20 dollars.<\/p>\n<p>Additionally, <strong>ONDO<\/strong> also saw an increase of more than 15% in the last 24 hours.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-33639 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look.jpeg\" alt=\"look \" width=\"2035\" height=\"929\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look.jpeg 2035w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look-300x137.jpeg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look-1024x467.jpeg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look-768x351.jpeg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/12\/look-1536x701.jpeg 1536w\" sizes=\"auto, (max-width: 2035px) 100vw, 2035px\" \/><\/p>\n<p>According to <strong>Lookonchain<\/strong>&#8216;s X post on December 16, the <strong>World Liberty Financial<\/strong> wallet has made approximately 45 million dollars worth of cryptocurrency purchases since November 30.<\/p>\n<p>Last week, <strong>World Liberty Financial<\/strong> triggered the rise of <strong>AAVE<\/strong> and <strong>LINK<\/strong>, spending a total of 44.75 million dollars on 6 different cryptocurrencies since November 30.<\/p>\n<p><strong>On average, World Liberty Financial made the following purchases:<\/strong><\/p>\n<ul>\n<li>8,105 <strong>ETH<\/strong> at an average price of 3,701 dollars (30 million dollars)<\/li>\n<li>102.9 <strong>cbBTC<\/strong> at an average price of 97,181 dollars (10 million dollars)<\/li>\n<li>78,387 <strong>LINK<\/strong> at an average price of 25.5 dollars (2 million dollars)<\/li>\n<li>6,137 <strong>AAVE<\/strong> at an average price of 325 dollars (2 million dollars)<\/li>\n<li>509,955 <strong>ENA<\/strong> at an average price of 0.98 dollars (500,000 dollars)<\/li>\n<li>134,216 ONDO at an average price of 1.8 dollars (250,000 dollars)<\/li>\n<\/ul>\n<p>The project, announced in September, presents itself as a <strong>decentralized finance (DeFi)<\/strong> platform for cryptocurrency trading.<\/p>\n<p>It lists President-elect <strong>Trump<\/strong> as the &#8220;chief crypto advocate&#8221; and his sons <strong>Donald Jr<\/strong>, <strong>Eric<\/strong>, and <strong>Barron<\/strong> as &#8220;ambassadors.&#8221; A company linked to the family receives 75% of the net revenue.<\/p>\n<p>Recently, <strong>Nansen<\/strong> research analyst <strong>Nicolai S\u00f8ndergaard<\/strong> made the following statements to Bloomberg:<\/p>\n<blockquote><p><strong>Nicolai S\u00f8ndergaard:<\/strong> &#8220;World Liberty&#8217;s token purchases could be a way to gain additional confidence and strengthen the project by shedding light on these assets. If these assets succeed, the project will likely perform well.&#8221;<\/p><\/blockquote>\n<p>The project has struggled to meet its sales target for the <strong>World Liberty Financial (WLFI) token<\/strong>. So far, it has only sold less than a quarter of the 300 million dollars worth of <strong>WLFI<\/strong> tokens released to the market.<\/p>\n<p>However, the project received significant support last month when <strong>Justin Sun<\/strong>, the founder of the <strong>Tron blockchain<\/strong>, invested 30 million dollars and became the largest investor. He later joined as an advisor, providing crucial backing to the project.<\/p>\n<hr \/>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube\u00a0<\/strong><\/a>and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<strong><a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0<\/strong>and updates.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump&#8217;s DeFi project World Liberty Financial surpasses 45 million dollars in cryptocurrency purchases in December! Similarly, World Liberty Financial made a purchase of 250,000 dollars worth of the DeFi token ONDO last night. On December 14, they acquired 500,000 dollars worth of Ethena (ENA) tokens. Following the news, ENA token gained over 20% in value.<\/p>\n","protected":false},"author":29,"featured_media":33641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[637,10153,7870,4475,93,10151,5164,10152,106,5165,1062,2196,3812,10150,3310,8603,10149],"class_list":["post-33638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-aave","tag-barron","tag-cbbtc","tag-decentralized-finance-defi","tag-defi","tag-donald-jr","tag-ena","tag-eric","tag-eth","tag-ethena","tag-justin-sun","tag-link","tag-ondo","tag-tron-blockchain","tag-trump","tag-world-liberty-financial","tag-world-liberty-financial-wlfi-token"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump&#039;s DeFi Project World Liberty Financial&#039;s 6 Cryptocurrency Purchases! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trumps-defi-project-world-liberty-financials-6-cryptocurrency-purchases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump&#039;s DeFi Project World Liberty Financial&#039;s 6 Cryptocurrency Purchases! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Trump&#8217;s DeFi project World Liberty Financial surpasses 45 million dollars in cryptocurrency purchases in December! 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