Trump DeFi Project WLFI Just Bought EOS Token

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According to data from the on-chain tracking tool Lookonchain, the cryptocurrency project World Liberty Finance (WLFI) of former US President Donald Trump's family, has made two large token purchases today.

Specifically, WLFI spent 3 million USDT to buy 3.63 million EOS tokens. Notably, EOS (token code: EOS) has now been renamed to Vaulta with the token code A. Additionally, WLFI also used another 3 million USDT to purchase 3.75 million A tokens through the decentralized trading platform 1DEX within the exSat Network ecosystem.

In total, WLFI spent 6 million USDT today to invest in two cryptocurrency assets, EOS and A, demonstrating the project's clear interest in the Vaulta ecosystem.

This move is considered by observers to potentially create a positive impact on the token's liquidity and value, especially as Vaulta is gradually building its new brand after rebranding from EOS.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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