Avalanche (AVAX) Price Surges 12% on Binance Chika Moji Ne | Cryptos Headlines on Binance Square

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Avalanche (AVAX) Price Surges 12% on Binance 
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Read here: https://www.binance.com/en/square/post/5564620021601
#AVAX  #Avalanche  #Altcoin  #Cryptocurrency  $AVAX 

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Justin Sun Becomes Largest Stakeholder in Trump-Backed Crypto Project with $30 Million Investment Justin Sun’s $30M investment makes him the largest stakeholder in Trump-backed WLFI, boosting DeFi growth. WLFI’s token sale struggles are overcome with Sun’s investment, pushing it closer to its $300M target.Trump’s family strengthens crypto presence with WLFI, while Sun aims to expand blockchain adoption globally. The CEO of the TRON blockchain platform, Justin Sun, has invested in the WLFI cryptocurrency project. Sun invested $30 million. This has made him the largest shareholder in the new firm. This move comes as WLFI, a decentralized finance (DeFi) platform, struggled with slow token sales since its launch. TRON Becomes the Largest Stakeholder in WLFIThe investment was made through a wallet linked to Sun’s HTX exchange, formerly known as Huobi. Prior to the investment, WLFI had aimed to sell $300 million worth of tokens but had only managed to sell $21 million. Sun’s $30 million purchase now brings the total sales to $52 million, though still far from the $300 million target. With this acquisition, Sun is now the biggest backer of WLFI, marking a key turning point for the platform. A Crucial Investment for WLFI’s FutureWLFI, introduced in September 2024, has faced several hurdles, including slow adoption rates. The project offers decentralized lending and borrowing services, supported by its governance token, WLFI. The investment from Sun is seen as a boost, helping the project surpass the $30 million threshold required for DT Marks DEFI LLC, an entity affiliated with Donald Trump, to start receiving revenue from the token sales. According to WLFI’s gold paper, Trump’s affiliated company will receive 75% of the project’s net revenues after the $30 million mark is reached. Additionally, 337.5 million WLFI tokens are allocated to Trump’s company, further solidifying his involvement in the project. #TRON #TrumpCryptoProject #JUSTIN #cryptomarket #CryptoNews

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Justin Sun Becomes Largest Stakeholder in Trump-Backed Crypto Project with $30 Million Investment

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WIF Price at $3 Signals Rounding Bottom Breakout to $7.42 As Bitcoin drops below $95,000, the broader market recovery takes a sharp blow as the November rally ends on a pullback note. Amid the increased supply, the WIF price trend is back to the $3 support. Amid the quick pullback, WIF prices are at a crucial crossroads in deciding the December trend’s fate. Will the pullback crash under $3 or is a bounce back to $7 at the horizon? Dogwifhat Price PerformanceThe WIF price trend showcases a rounding reversal rally that is gaining momentum. Starting from the $1.262 mark, the high and low formation in WIF price has crossed the $3 psychological mark. The recovery rally peaked at $4.797, but with the broader market correction, the meme coin is back at $3. It is currently trading at $3.13 and finds support from 78.60% Fibonacci level at $2.9845. As a retest, the WIF price trend is teasing a W-bottom reversal despite the long wake formation. The uptrend failed to sustain dominance above the $3.7733 or 100% Fibonacci level. Currently, the meme coin is consolidating between two crucial zones. A breakout on either side will decide the upcoming price trend. Technical indicators:EMA: Providing dynamic support, the rising 50-day EMA is inching closer to the 78.60% Fibonacci level. MACD: The MACD indicator maintains a reclining trend with a surge of bearish histograms. Will the WIF Price Bounce Back for a New ATH at $5?With an intraday pullback of 1.83%, the meme coin is pointing to the bearish candle. Prior to this pullback, the meme coin registered a massive surge of 116%. Hence, the ongoing pullback is a potential retest and is likely to bounce back. Based on the Fibonacci level, the downside price targets are at $6.7180 and the Fibonacci level at $2.48. In case of a bullish breakout, the upside potential price targets are at $5.08 and $7.427. The rounding bottom pattern shows an increased chance of a bullish breakout as the broader market recovers. #WIF #memecoin #AltcoinSeason #BTC #CryptoNews

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WIF Price at $3 Signals Rounding Bottom Breakout to $7.42

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