Trump family backed World Liberty has undertaken a second consecutive day of crypto purchase. According to on-chain data on December 13th, the Trump family cryptocurrency project World Liberty once again spent $1 million USDC to buy 37,052 LINK and $246,722 USDC to buy 685.425 AAVE through Cow Protocol.
The purchase comes just a day after WLFI undertook another purchase of $ETH, $AAVE and $LINK token against USDC payment.
World Liberty now has about $2.28 million worth of LINK and $1.48 million worth of AAVE in addition to ETH and CBBTC.
However, the price of the WLFI token did not reciprocate the move and traded down.
Also Read: Trump’s WLFI Reveals Plans for Aave V3 Integration, Token Distribution to DAO
WLFI Buys ETH, AAVE and LINK
The Trump family-owned World Liberty Financial had made a significant cryptocurrency acquisition just a day prior. The Trump family’s cryptocurrency project, World Liberty, bought ETH, LINK, and AAVE on December 12th. The wallet of World Liberty Financial had used 10 million USDC to buy 2,631 Ethereum at an average price of $3,801.
Furthermore, the project has spent $1 million USDC on 41,335 LINK at an average price of $24.2 and $3,357 AAVE at an average price of $297.8.
In the time since November 30, World Liberty has purchased 8,105 $ETH at $3,701 with 30M $USDC and 103 $cbBTC at $97,181 with 10M $USDC. Additionally, the project has used $1.25M USDC to purchase 4,043 $AAVE at $308.4 and 2M $USDC to purchase 78,387 $LINK at $25.5.
Also Read: Donald Trump’s WLFI Unveils Partnership With Chainlink To Facilitate Cross-Chain Connectivity
WLFI Garners Market Traction
The DeFi organization, World Liberty Financial, has been a center of attention in the crypto market given that the project hints at Trump family’s crypto ambition.
Improving the US dollar’s reputation abroad in the DeFi market is the goal of the World Liberty Financial initiative.
“Drive the mass adoption of stablecoins and decentralized finance—making crypto and America great,” according to the project, is the mission statement of World Liberty Financial.
Also Read: Justin Sun’s $30 Million Investment Saved Trump’s World Liberty Financial Crypto Project
Similar to how the U.S. dollar has served as the cornerstone of global finance for the past century, the project seeks to ensure that U.S.-pegged stablecoins will remain the dominant settlement layer for the next century.
The entire market has been closely watching developments regarding the project since Donald Trump made extravagant promises regarding the growth of the cryptocurrency sector.
Just previously, WLFI got a huge donation from Justin Sun. With a staggering $30 million investment from TRON founder Justin Sun, WLFI made a statement in the market, hinting that even the biggest names in the realm have confidence on the project.