World Liberty Financial invested a total of $109.1 million in six different cryptocurrencies in a single day. These investments include Ethereum (ETH) $3,363.8Wrapped Bitcoin 
$107,955.4 (WBTC), ENA, TRX, AAVE and LINK were included. The company purchased 7,022 ETH worth $23.5 million, 174.1 WBTC worth $18.8 million, and 5.037 million ENA tokens worth $4.7 million in the last hour.
Investments in Altcoins
In the last 24 hours, World Liberty Financial invested $71.5 million in Ethereum, purchasing 21,425 ETH. This acquisition aims to strengthen its position in the crypto market. Over the course of three days, the company systematically increased its positions in various crypto assets.
On January 20, World Liberty Financial purchased 19.3 million TRX on Tron for $4.7 million, 13,261 AAVE on AAVE for $4.7 million, and 177,928 LINK on LINK for $4.7 million. These transactions reflect the company’s strategy to diversify into leading blockchain networks such as TRON and Ethereum. The secret of the number 4.7 is also linked to Trump being the 47th US President.
TRON DAO’s WLFI Investments
Led by its leader Justin Sun, TRON DAO invested an additional $15 million in World Liberty Financial, holding a total of 3 billion WLFI tokens. Sun announced plans to increase TRON DAO’s investment in World Liberty Financial to $75 million. This investment allowed TRON DAO to reach a 3% ownership rate on the WLFI token.
These aggressive investments by World Liberty Financial led to significant increases in the prices of cryptocurrencies such as TRX, AAVE, LINK, ETH, WBTC and ENA. During this period, exchanges such as Binance, Coinbase and Kraken reported significant increases in trading volume for these assets.
In response to Donald Trump’s crypto projects and investments, Justin Sun made the following statement:
“Building the Treasury for America’s Future”
Additionally, following the launch of Donald Trump’s meme coin, First Lady Melania Trump also introduced her own MELANIA meme coin. This coin rose to $13 in a few hours and reached a market cap of $2 billion. These developments caused a 35% decline in the TRUMP coin and led to high volatility in the market.
Justin Sun’s statements and World Liberty Financial’s large-scale investments created a positive atmosphere among investors. The company’s strategic moves continue to create significant impacts on the cryptocurrency market.
Investors continue to carefully monitor these movements of World Liberty Financial. The company’s strategy to increase its weight in the cryptocurrency market may affect future market movements. In this process, the performance of major cryptocurrencies such as Ethereum and TRON is of great importance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
