Trump's encryption project WLF smashes 30 million pounds to buy coins! ETH rises 7% on the rise, AAVE, LINK surges 30%

The encryption project (World Liberty Financial, WLF) supported by President-elect Trump of the United States made a big move on 12/12, including $10 million Ethercoin ($ETH) and $20 million worth of $AAVE and $LINK Token. As the news came out, the prices of the related Tokens skyrocketed, with $AAVE and $LINK experiencing a big pump of 30%.

Big pump coin timeline

In early December to 12/12: WLF’s multi-signature wallet has successively purchased $30 million of Ether, with a total of 8,105 coins at an average price of $3,700.

12/12 morning: Additional $10 million to purchase 2,631 $ETH (average price $3,801), followed by another $10 million to purchase 41,335 $LINK (average price $24.2), and additionally spent $10 million to purchase 3,357 $AAVE (average price $297.8).

After the news was exposed, the price of Ether rose by 7%, while the price of LINK and AAVE surged by 30%.

WLF purchase $ETH, $LINK, $AAVE timetable Aave and Chainlink as the focus of cooperation, expanding ecological plans

In the ecosystem planning of WLF, the prophecy machine Chainlink is used to provide pricing data and cross-chain interoperability infrastructure. At the same time, WLF DAO has recently proposed to deploy WLF’s exclusive Aave v3 lending market on Aave to attract new users who have never interacted with the WLF ecosystem.

The current plan has also been successfully approved by the community vote and will soon be implemented. The ultimate goal of the project is to encourage more users to invest and participate in the ecosystem by sharing the profits of liquidity providers.

WLF Long-term plan emerges

Renowned trader @TheFlowHorse speculates that the large-scale coin sweeping of WLF may be related to the upcoming months’ plans. He stated, “The Trump team’s choice to purchase these coin types may be for use in the upcoming ecological development plan.”

In addition, Chainlink community ambassador Zach Rynes said, “WLF adopts Chainlink’s cross-chain standards, and the purchase of $LINK this time will further consolidate the cooperation between the two parties, especially in the possible relaxation of regulations on the encryption industry by the Trump administration, these collaborations will drive widespread adoption of DeFi.”

(After Justin Sun just smashed 30 million and became the largest investor in World Liberty Financial, he officially became a consultant for WLFI)

This article WLF project by Trump spent 30 million euros to buy coins! Ether rose 7%, AAVE, LINK big pump 30% first appeared in ChainNews ABMedia.