JUST IN: Trump’s Project WLFI Purchased an Altcoin Again
US President Donald Trump's cryptocurrency project WLFI has purchased an altcoin again, according to onchain data.
World Liberty Financial (WLFI), known as Donald Trump’s cryptocurrency project, added 10.8 million Tron (TRX) worth $2.62 million to its portfolio, according to Onchain data.
However, the purchase did not take place on the Tron network. The development team used the Ethereum network to purchase TRX and purchased Wrapped Tron, a bridged version of Tron.
The total value of TRX held by the company has thus climbed to $7.30 million. There is a total of $353 million worth of cryptocurrency in its wallets, $199 million of which is held as ETH.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Forms New Crypto Task Force Spearheaded by Hester Peirce
Bank of Japan expected to raise rates on Friday: poll
ByteDance denies rumors of preparing $12 billion investment in AI infrastructure
Trending news
MoreCrypto prices
More
