News

TokenFi’s $TOKEN Skyrockets 117% in 7 Days Following $10 Million Investment

The cryptocurrency world is abuzz with excitement as TokenFi’s native token, $TOKEN, experiences an impressive surge of 117% in the past week. 

This surge comes hot on the heels of an announcement by DWF Labs, revealing their substantial $10 million investment in $TOKEN.

The investment underscores DWF Labs’ confidence in TokenFi’s vision and positions $TOKEN as a frontrunner in the crypto market.

In the past 24 hours alone, TokenFi has witnessed a staggering 174% increase in its trading volume, propelling its price upwards by 24%. 

This surge in trading activity and price reflects the growing interest and confidence in $TOKEN among investors and traders.

20 Million $TOKEN Deposit To Gate.io

According to recent on-chain reports, DWF Labs made a significant move by depositing 20 million $TOKEN into Gate, a move valued at $1.78 million in US dollars.

Related Post

Despite this deposit, DWF Labs still retains a substantial holding of 40 million tokens, currently valued at $3.62 million based on the current price of $0.0919 per token.

The influx of investment from DWF Labs, coupled with the impressive price surge and trading volume, positions $TOKEN as a key player in the cryptocurrency market. The backing from DWF Labs not only validates TokenFi’s vision but also instills confidence in the token’s potential for further growth and adoption.

As $TOKEN continues to gain momentum and attract attention within the crypto community, its journey towards becoming a prominent asset in the digital landscape is becoming increasingly evident. 

With the support of DWF Labs and the positive market sentiment surrounding $TOKEN, the future looks promising for TokenFi and its native token as they strive to make significant strides in the ever-evolving cryptocurrency space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: jemastock/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

OKX Wallet Sees Whales Massive Moves; More on Plus Wallet & Coinbase  

Plus Wallet Impresses with its Speedy 15-Min Token Listings While Coinbase Unveils AI Tool &…

2 hours ago

100% Bonus with BlockDAG! Ethereum Eyes Breakout, Sui Plans To Expand

BlockDAG Rolls Out Limited Time 100% Bonus For Community While Ethereum Price Looks Bullish &…

3 hours ago

Best Crypto Wallets 2024: Top Choices for Security & Rewards

The 5 Best Crypto Wallets Worth Using in 2024 — Find Out Why Selecting a…

4 hours ago

Ethereum Ecosystem Primed For A November Rally – ETH Coins Chainlink (LINK), Toncoin (TON), And Cutoshi (CUTO) The Ones To Watch

With a Total Value Locked (TVL) of $50.72B, Ethereum is the world's largest blockchain, with…

11 hours ago

Analysts Predict a Rollblock 5000% Surge Dwarfing Pepe Coin and Popcat Recent Fame

The meme coin market has recently been surging once again; tokens such as Pepe and…

21 hours ago

FLOKI Dominates Meme Market as Rollblock ICO Skyrockets. Is Polkadot Losing Its Edge?

The FLOKI price has recorded over 300% yearly ROI, dominating crypto gains in the meme…

21 hours ago