A multi-signature wallet recently allocated $3 million USDC to purchase 200 million $WLFI tokens, the native cryptocurrency of World Liberty Financial (WLF), a DeFi project reportedly backed by the Trump family.

This significant acquisition underscores the growing attention toward the project’s offerings.

$80.25 Million Raised Through Public Sales

World Liberty Financial has so far sold 5.35 billion $WLFI tokens through public offerings available on its official website. With a fixed price of $0.015 per token, the project has successfully raised $80.25 million in funding. These funds have been utilized for strategic investments in various digital assets under what is commonly referred to as the “Presidential Strict Election.”

Investments Face Floating Losses

Despite these strategic investments, the portfolio is currently facing floating losses totaling $5.89 million across several assets. Here’s a breakdown of the losses:

– Ethereum (ETH): 9,586 ETH purchased at an average price of $3,651, with a current floating loss of $4.74 million.

– Bitcoin (WBTC): 103.1 WBTC acquired at an average price of $97,182, resulting in a floating loss of $240,000.

– Chainlink (LINK): 78,387 LINK bought at $25.5 each, now reflecting a loss of $480,000.

– Aave (AAVE): 6,137 AAVE purchased at $324 per token, with a floating loss of $180,000.

– *Enalotto (ENA): 741,687 ENA acquired at $1.01, showing a loss of $150,000.

– Ondo Finance (ONDO): 134,216 ONDO purchased at $1.86, with a floating loss of $90,000.

Outlook

While the floating losses highlight the volatile nature of digital asset investments, the project’s long-term strategy and ongoing fundraising efforts may provide opportunities for recovery.

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

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