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Trump’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. Before the purchase, ENA was trading below 1 dollar, and now it is trading above 1.20 dollars.
Additionally, ONDO also saw an increase of more than 15% in the last 24 hours.
According to Lookonchain‘s X post on December 16, the World Liberty Financial wallet has made approximately 45 million dollars worth of cryptocurrency purchases since November 30.
Last week, World Liberty Financial triggered the rise of AAVE and LINK, spending a total of 44.75 million dollars on 6 different cryptocurrencies since November 30.
On average, World Liberty Financial made the following purchases:
- 8,105 ETH at an average price of 3,701 dollars (30 million dollars)
- 102.9 cbBTC at an average price of 97,181 dollars (10 million dollars)
- 78,387 LINK at an average price of 25.5 dollars (2 million dollars)
- 6,137 AAVE at an average price of 325 dollars (2 million dollars)
- 509,955 ENA at an average price of 0.98 dollars (500,000 dollars)
- 134,216 ONDO at an average price of 1.8 dollars (250,000 dollars)
The project, announced in September, presents itself as a decentralized finance (DeFi) platform for cryptocurrency trading.
It lists President-elect Trump as the “chief crypto advocate” and his sons Donald Jr, Eric, and Barron as “ambassadors.” A company linked to the family receives 75% of the net revenue.
Recently, Nansen research analyst Nicolai Søndergaard made the following statements to Bloomberg:
Nicolai Søndergaard: “World Liberty’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.”
The project has struggled to meet its sales target for the World Liberty Financial (WLFI) token. So far, it has only sold less than a quarter of the 300 million dollars worth of WLFI tokens released to the market.
However, the project received significant support last month when Justin Sun, the founder of the Tron blockchain, invested 30 million dollars and became the largest investor. He later joined as an advisor, providing crucial backing to the project.
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