June 3 and 4 was the time "flooded" with investment information from DWF Labs - one of the leading market maker (MM) investment funds for Web3 projects. In just 24 hours, #DWFLabs announced capital injection into 3 different crypto projects with a total amount of more than 17 million USD, including 2 #memecoin
First, DWF Labs announced a $5 million investment in the Milady memecoin project (LADYS), a memecoin based on the Milady Maker NFT collection, which has made many investors "change their lives" thanks to its strong price increase. strong in early 2023.
After pouring capital into memecoin #LADYS , DWF Labs continued to invest 12 million USD into memecoin #FLOKI🔥 . According to the plan, DWF Labs will use this money to buy FLOKI from the open market and project treasury, to support Floki in developing upcoming products later this year, including: mainnet version, virtual space game Valhalla, Floki trading bot and “.floki” domain name service.
This follows a $10 million purchase commitment $FLOKI in February, which saw FLOKI's price increase by more than 80% at the time. At the same time, DWF Labs also invested 10 million USD in TokenFi (TOKEN), the "sister" currency of FLOKI, within 2 years to develop products incorporating AI.
In addition to investing in two memecoin projects, DWF Labs also invested capital in Sidus Heroes, a AAA Play-to-Earn game in the MMORPG genre developed on blockchain. This agreement is expected to promote ecosystem development and increase Sidus Heroes' presence in the Web3 market.
Memecoin FLOKI price fluctuations
FLOKI has increased 24% in the past 24 hours with a capitalization reaching 3.2 billion USD and trading volume reaching 1 billion USD up 30% in the last 24 hours.
