Trump-Linked Crypto Platform Throws Over $100M on WBTC, ETH, Other Tokens Ahead of Inauguration

2025-1-21 18:45

World Liberty Financial (WLFI), the decentralized finance platform linked to Donald Trump and his family, purchased millions of dollars of cryptocurrencies in a buying frenzy on Monday hours before Trump's inauguration ceremony.

The protocol's wallet address bought over $47 million of wrapped bitcoin (BTC), $47 million of Ethereum's ETH, $4.4 million of AAVE and $4.5 million of Tron's TRX, blockchain data by Arkham Intelligence shows. The address also purchased $4.5 million of Ethena's ENA and $5.5 million of Chainlink's LINK in over a dozen transactions through decentralized exchange CoW.

The transactions happened as sales of the protocol's governance token WLFI picked up over the past few days after a lackluster launch last October. Over 21.7 billion of tokens ($1.08 billion) have been sold as of Monday morning, over 85% of the total 25 billion supply, according to the website.

World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the incoming president being titled as "Chief Crypto Advocate" for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are involved as "Web3 Ambassadors," while his other son Barron Trump is listed as "DeFi Visionary."

UPDATE (Jan. 20, 17:20 UTC): Updates tally of token purchases with latest acquisitions of wBTC and ETH.

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 10m WCT

inauguration ahead wlfi came frenzy token sales

Источник: coindesk.com

inauguration ahead → Результатов: 39


Фото:

Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration

Bitcoin’s new high surpasses its previous all-time high of $108,000 reached in December President-elect Donald Trump was once critical of Bitcoin, claiming it seemed “like a scam” On the eve of his inauguration, Trump and Melania Trump launched their memecoins Bitcoin soared to new heights, hitting over $109,000 ahead of President-elect Donald Trump’s inauguration.

2025-1-20 13:13


Фото:

Bitcoin (BTC) hits new all-time high ahead of Trump’s inauguration

The cryptocurrency market’s turbulence persists as Bitcoin (BTC) surged by approximately $7,000 within minutes, achieving a new all-time high of $109,114, as per data from coinmarketcap. As per data from Binance, Bitcoin (BTC ) briefly touched 109,588 USDT, setting a new record high This milestone comes just hours before the inauguration of President-elect Donald Trump. […]

2025-1-20 10:36


Фото:

Trump’s official memecoin captures $30 billion market cap overnight, igniting frenzy and skepticism

On Friday evening in Washington DC, President-elect Donald Trump announced the launch of a Solana-based memecoin, TRUMP, just days ahead of his second-term inauguration. The announcement, made via posts on his verified X and Truth Social accounts, has sparked excitement, confusion, and intense debate within the crypto community.

2025-1-20 22:33


TRUMP meme coin’s 580% surge stirs market: Is iDEGEN the next gem?

Official Trump (TRUMP), the meme coin of U.S president-elect Donald Trump has stormed the crypto market with a surge to the $6 billion market cap. Is the meme coin’s spike ahead of Trump’s inauguration a signal for what comes next for Solana and iDEGEN? Latest market reaction for SOL and iDEGEN’s AI agent token IDGN […] The post TRUMP meme coin’s 580% surge stirs market: Is iDEGEN the next gem? appeared first on CoinJournal.

2025-1-19 21:49


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru