The decentralized finance project World Liberty Financial (#WLFI ), which was launched by the new US president Donald Trump before his election, made new purchases worth 12 million. The project purchased 10 million Ether, 1 million #LINK and 1 million #AAVE . The Ethereum purchase amounted to $3800.

The value of Ether held by the project also increased to 56 million after these purchases. It did not go unnoticed that increases were seen in 3 cryptocurrencies after the purchases. The $LINK purchase was $24.2, and the $AAVE purchase was $297.

AAVE and LINK increased by 30% in the last 24 hours. LINK is trading at $29, while AAVE is trading at $350.

It is noteworthy that these purchases came after TRON founder Justin Sun joined the project as an advisor in November and after the 30 million investment study.

Are they expecting an increase?

The purchases were made by exchanging stablecoins obtained from WLFI token sales. This situation caused the reserves to realize that “the project team expected the rise”. Researcher Eric Conner, speaking to the US media The Block, said, “The team is switching to Ether instead of staying in stablecoins. In fact, they will obviously convert as much stablecoin as they receive into ETH.”

World Liberty Financial had a total of 5 thousand ETH in the last 20 days.

The project, directed by Donald Trump’s son Eric Trump, was announced in August and the expected income from WLFI token sales was around $55 million. The expectation was around $300 million.

#BTCReclaims101K #donaldtrump