Justin Sun, founder of Tron, recently announced a significant investment in World Liberty Financial (WLFI) prior to President Donald Trump’s inauguration. The total investment from TRON DAO in WLFI now stands at approximately $75 million, signaling a strong commitment to the financial firm.
TRON DAO’s WLFI Investments
Sun revealed that TRON DAO has made an additional investment of $45 million in WLFI, raising the overall investment to $75 million. According to data from Lookonchain on the X platform, TRON DAO purchased 1 billion WLFI tokens using $15 million in USDT.
Increase in WLFI Token Supply
Following Sun’s announcement, World Liberty Financial reported a 5% increase in token supply, bringing the total volume for sale to 25 billion tokens. Of this, 20.86 billion WLFI tokens were sold, with an additional 4.138 billion tokens available for purchase.
The WLFI token is priced at $0.05 on World Liberty Financial’s official website. Data from Etherscan indicates that 36,612 wallets hold WLFI tokens, with a total of 44,519 transfers recorded. This sizable investment aligns with TRON DAO’s previous acquisition of TRON (TRX) tokens.
Additionally, meme tokens TRUMP and MELANIA experienced significant price increases of 51.96% and 72.61%, respectively. These developments have bolstered investor confidence in meme tokens, reflecting the impact of TRON DAO and WLFI’s investments.
World Liberty Financial offers the new token supply for purchase using ETH, USDC, USDT, and WETH, requiring users to either connect an existing crypto wallet or create a new one for transactions. Both investment activities occurred just hours before the presidential inauguration, raising speculation about Tron’s pivotal role in providing liquidity to the WLFI ecosystem.
The investments by WLFI and TRON DAO signify critical developments in the crypto market. Investors are closely monitoring how these strategic moves will influence future market dynamics.
