Tron founder Justin Sun has announced a significant increase in investments in World Liberty Financial (WLFI), a decentralized finance (DeFi) venture, bringing TRON DAO’s total investment to an impressive $75 million. The announcement, shared via an X post, reveals that TRON DAO injected an additional $45 million into WLFI, signaling strong support for the growing DeFi ecosystem.
We @trondao are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million. @worldlibertyfi @EricTrump @DonaldJTrumpJr @realDonaldTrump
— H.E. Justin Sun 🍌 (@justinsuntron) January 20, 2025
This investment comes just hours before the inauguration of US President-elect Donald Trump, further fueling speculation that Sun and TRON could be positioning themselves to influence the upcoming political landscape. Notably, TRON DAO also spent $15 million in USDT to acquire 1 billion WLFI tokens, suggesting a strategic play to increase liquidity within the WLFI ecosystem.
Shortly after Sun’s announcement, World Liberty Financial confirmed the release of an additional 5% of its token supply, offering new opportunities for investors. The official social media channels of WLFI revealed that out of the 25 billion WLFI tokens in circulation, 20.86 billion have already been sold, leaving 4.138 billion tokens available for purchase. Interested buyers can acquire WLFI tokens using ETH, USDC, USDT, and WETH, with prices set at $0.05 per token.
WLFI’s growth is reflected in its expanding holder base, with over 36,600 holders recorded, marking a 5.71% increase. The platform’s total transfers have reached 44,519, signaling increased investor interest and activity. In tandem, TRON’s strategic acquisition of WLFI tokens, coupled with its own TRX holdings, suggests a strengthening of ties between the two entities.
Interestingly, this investment surge coincides with the rising popularity of TRUMP and MELANIA meme coins, which have seen a notable increase in value. TRUMP meme coins have surged by 51.96%, while MELANIA meme coins have spiked by 72.61%, suggesting a growing investor appetite for meme tokens.
As TRON DAO and WLFI continue to strengthen their positions, investors are growing more confident in the potential of both DeFi and meme coins, with Sun’s strategic investments playing a pivotal role in shaping market sentiment.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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