The post Trump-Family Backed WLFI Boosts MNT Holdings with $3 Million Purchase Amid Market Challenges appeared on BitcoinEthereumNews.com.

On March 24th, COINOTAG reported a significant transaction in the decentralized finance (DeFi) space involving the project WLFI, backed by the Trump family. According to prominent on-chain data analyst Yu Jin, WLFI executed a strategic purchase of 353.9 thousand MNT for a total of $3 million, acquiring these tokens at an average price of $0.84. This move adds to WLFI’s extensive portfolio, which has seen a cumulative investment of $3.43 billion across 11 various tokens. Despite this considerable allocation, WLFI faces a challenging market scenario, currently grappling with an unrealized loss nearing one-third of its investments, approximated at $1.09 billion. As the crypto landscape evolves, such financial maneuvers highlight the risks and volatility inherent in the DeFi sector, making it essential for investors to stay informed and prudent amid market fluctuations. Source: https://en.coinotag.com/breakingnews/trump-family-backed-wlfi-boosts-mnt-holdings-with-3-million-purchase-amid-market-challenges/

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Filed under: News - @ March 24, 2025 1:12 am