WLFI, a decentralized finance (DeFi) project, has recently made significant investments in major cryptocurrencies, including Ethereum (ETH), Chainlink (LINK), and AAVE. These investments have caused notable price rallies in the crypto market, highlighting the volatility of the cryptocurrency landscape.
WLFI's purchase of 2,631 ETH tokens resulted in a 2.36% jump in ETH's price shortly after the transaction, and by the end of the trading day, Ethereum's value surged by 6.86%.
WLFI invested $1 million in Chainlink, leading to a 20.56% increase in LINK's price within 24 hours.
WLFI spent $1 million to purchase AAVE tokens, reinforcing its status in the DeFi ecosystem.
Justin Sun, the founder of the Tron blockchain, has made a substantial $30 million investment in WLFI, becoming the project's largest investor and bringing his expertise to the table.
WLFI now holds $74.36 million in cryptocurrencies, including 14,570 ETH and nearly 103 wBTC.
With the support of Justin Sun and the public endorsement of Donald Trump, WLFI is expected to make significant progress in the DeFi market.