Web Analytics
The Defiant
2025-03-24 02:05:15

Trump-Backed WLFI Invests $3 Million in 3.54M MNT Tokens at $0.84, Total Loss Reaches $111 Million

The Trump family-backed project, World Liberty Financial (WLFI), has made a substantial investment in the cryptocurrency MNT, purchasing approximately 3.54 million tokens for nearly $3 million at an average price of $0.84 per token. This recent acquisition adds to WLFI's total investment of approximately $346 million across 11 different cryptocurrencies, including Ethereum (ETH), Wrapped Bitcoin (WBTC), TRON (TRX), Chainlink (LINK), Aave (AAVE), and others. Despite this significant investment, WLFI is currently experiencing a total loss of around $111 million on its portfolio. The purchase was made approximately 30 minutes prior to the latest updates, indicating ongoing activity in the cryptocurrency market associated with the Trump family's financial ventures. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.