TRON Founder Justin Sun Boosts Investment in World Liberty Financial with $45 Million Infusion
- TRON DAOs $45M investment boosts WLFIs liquidity and DeFi ecosystem presence.
- WLFI expands token supply, attracting growing adoption and 5.7% holder increase.
- TRON and WLFIs collaboration strengthens market position ahead of Trumps inauguration.
ustin Sun has strengthened his financial commitment to World Liberty Financial (WLFI), increasing his investment by $45 million. This brings TRON DAOs total stake in the decentralized finance (DeFi) project to $75 million.
The announcement coincided with WLFIs public offering, which saw its unit price rise temporarily from $0.015 to $0.05. These developments highlight the growing synergy between TRON DAO and WLFI, emphasizing their collective role in reshaping the DeFi ecosystem.
TRON DAO Strengthens WLFI Liquidity and Ecosystem
The recent investment aligns with TRON DAOs strategy of bolstering WLFIs liquidity and market presence. Shortly after Suns announcement, TRON DAO spent $15 million in USDT to purchase one billion WLFI tokens.
This transaction occurred within an hour of the investment disclosure, sparking speculation about TRON DAOs role in stabilizing WLFIs ecosystem. These moves suggest a calculated effort to ensure liquidity and investor confidence in WLFI, particularly as the project gains traction ahead of a significant political event, the inauguration of Donald Trump as the next U.S. president.
WLFI Expands Token Supply to Meet Growing Demand
In response to heightened interest, WLFI announced a 5% increase in its token supply. The updated supply can be purchased through WLFIs official website using ETH, USDC, USDT, or WETH.
With a total sale volume of 25 billion tokens, 20.86 billion have already been sold, leaving 4.138 billion available. WLFIs website emphasizes the importance of connecting a crypto wallet to facilitate purchases.
The project has witnessed a surge in activity, with Etherscan data showing 36,612 holders and a 5.713% increase in the number of holders. A total of 44,519 transfers further indicates the growing adoption of WLFI. The current token price remains at $0.05, reflecting steady interest from investors despite market volatility.
Mutual Benefits Between TRX and WLFI
TRONs increasing involvement in WLFI comes shortly after WLFI acquired TRX tokens. This exchange suggests a mutually beneficial relationship, with both entities leveraging each others ecosystems for growth. Additionally, the timing of these developments indicates strategic planning aimed at boosting WLFIs market credibility and adoption.
Read more: https://www.tronweekly.com/tron-founder-boosts-investment-in-wlfi/
Text source: TronWeekly
