- Wlfi bought 3.539 million MNT-TOKEN as part of its current large-scale crypto acquisition strategy.
- Wlfi plans the introduction of chainlink oracles to increase defi connectivity and system security.
World Liberty Financial (Wlfi), a crypto project that is partly owned by the family of President Donald Trump, is back in the spotlight. The project has 3 million dollars In the purchase of 3.539 million Mantle (MNT) token stuckat an average price of $ 0.84 per token. But that’s not your only action.
If we compare it to people who shop with discounts, Wlfi seems to like it to stock up with tokens. The total funds you spent on the purchase of 11 cryptocurrencies amount to around $ 343 million.
Man Nahm Ethereum (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (Aave), Eden (Ena), Movement (Move), Ondo (Ondo), is (be), Avalanche (Avax) and of course MNT in the investment basket.
However, the results are anything but good. Overall, Wlfi suffered a floating loss of $ 109 million. In view of the unstable market conditions, the portfolio is deep in the red area.
More than money: when tokens are alluded to politics
On the other hand, this MNT purchase is not the first step of Wlfi in large-scale token purchases. Previously, CNF had reported that Wlfi had bought Sei-Token worth $ 100 million in order to increase its stock to 1 million. At that time, this step was regarded as a form of trust in the long-term potential of the SEI ecosystem. But as we know, trust does not always lead to a profit immediately.
Not only that, Wlfi has attracted public attention when a crypto investor named Mike Dudas bought Wlfi token worth $ 145,000 shortly before Trump’s inauguration. This token is not just a token because it gives voting rights in the company’s decision -making. This raises the question: Is it just an investment or are there political considerations behind it?
Millions collected – transparency doubtful
In addition, Wlfi has already taken more than $ 300 million through token sales. And not only that: Justin Sun too has participated and invested at least $ 75 million.
Nevertheless, Trump’s presence as one of the WLFI owners raises concerns about conflicts of interest. Can this project really be a purely business project, or is there a hidden political agenda? According to a number of ethics experts, Trump has not yet violated laws in this case.
Nevertheless, the public certainly has the right to be suspicious, especially when it comes to tokens purchases that take place in crucial moments.
Wlfi and Chainlink: Build trust or chase trends?
In addition, the Wlfi took an interesting step in November 2024 by announcing plans to take over the oracle services of Chainlink. This step is intended to support the Aave protocol, which is already well established in the Defi world.
The goal is to increase security and strengthen connectivity between the platforms. One could say that this is an attempt by the Wlfi to strengthen their foundation in the decentralized financial system.
But nevertheless, with an impending $ 109 million loss, the public has to ask: Is the strategy in the long term and patiently waiting, or only caught and confused by the hype and confused about the direction?
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