Donald Trump’s World Liberty has undertaken yet another crypto purchase for a firth session. According to data on December 16th, World Liberty had purchased 134,216 $ONDO for $250K $USDC.
Aiming to improve the US dollar’s position in the DeFi market worldwide, WLFI is a DeFi organization backed by incoming US President Donald Trump and his family members, including Barron Trump, Donald Trump Jr., and Eric Trump.
The purchase has likely given the price of the token a boost, making it trade up over 14%. At the press time, the coin is trading at $2.09, up 14.63% as compared to the same time last day.
WLFI Undertakes Four Sessions of Crypto Purchase
WLFI’s continuous crypto buy comes as an after math of the bull run in Crypto market. The optimism, which started after the US 2024 election results came out, have motivated WLFI amass multiple crypto holdings.
The project states that World Liberty Financial’s goal is to “drive the mass adoption of stablecoins and decentralized finance—making crypto and America great.”
Previously, World Liberty purchased 1,842.632 AAVE using Cow Protocol for 662,630 USDC, per on-chain data as of December 14.
The cryptocurrency project also purchased 685.425 AAVE for $246,722 USDC and 37,052 LINK for $1 million USDC on December 13.
On December 12, World Liberty additionally acquired LINK, AAVE, and ETH. World Liberty Financial’s wallet had bought 2,631 Ethereum with 10 million USDC at an average price of $3,801.
Furthermore, the project has employed $1 million USDC to purchase 41,335 LINK at an average price of $24.2 and $3,357 AAVE at an average price of $297.8.
World Liberty Total Crypto Expense: Where Does It Stand?
The total purchase of crypto by World Liberty since November 30 is: 10M $USDC to purchase 103 $cbBTC; 30M $USDC to purchase 8,105 $ETH.
Also, 500K $USDC to purchase 509,955 $ENA and 250K $USDC to purchase 134,216 $ONDO.
At last, the project has spent, 2M $USDC to purchase 78,387 $LINK and 2M $USDC to purchase 6,137 $AAVE.
$ONDO Coin Price: Technical Indicators Suggest Bullish Turn
With the purchase by WLFI, ONDO price has seen a nearly 14% surge in the past 24 hours. ONDO is priced at $2.07 with a $2.88B
market cap. The current sentiment for the coin is bullish, according to markets technical indicators, and the Fear & Greed Index is currently at 83 (Extreme Greed).
Owing to the bullish turn in the crypto market, over the past 30 days, Ondo has seen 21 out of 30 (70%) green days and 25.98% price volatility.
With 24 technical analysis indicators indicating bullish signals and three indicating bearish signals, the overall sentiment regarding Ondo Finance price prediction is bullish.