In line with Onchain knowledge, World Liberty Monetary, the cryptocurrency undertaking behind Donald Trump and his household, has begun buying AVAX.
The information means that the undertaking has bought $500,000 price of AVAX to this point. In the meantime, authorities have bridged round $2 million price of USDC stablecoins to the Avalanche community, which means extra purchases could possibly be on the way in which. These USDC tokens had been held in World Liberty Monetary’s multisig wallets on the Ethereum community.
Following this improvement, there was a major enhance within the AVAX value:
Graph exhibiting the rise in AVAX value following the event.
The undertaking in query lately accomplished its WLFI token sale and raised a complete of $550 million in funds.
*This isn’t funding recommendation.
