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Trump-Backed WLFI Crypto Project Boosts Liquidity with $10M USDC Withdrawal

Coin WorldSaturday, Feb 1, 2025 1:46 pm ET

1min read

The WLFI Cryptocurrency Project, backed by former U.S. President Donald Trump, has recently made a strategic move in the crypto market. The project established a new multi-signature wallet, leading to the withdrawal of $10 million in USDC from Coinbase. This transaction enabled the project to acquire an additional 200 million WLFI tokens, further enhancing liquidity and investor confidence.

This development follows a previous investment where WLFI invested $20 million to secure 400 million WLFI tokens. The project's commitment to bolstering its token supply and liquidity comes amid evolving market conditions, indicating a robust approach to navigating the dynamic crypto landscape.

The strategic acquisition of WLFI tokens may have broader implications for investor interest and market dynamics. As the crypto market continues to evolve, such movements by prominent projects like WLFI can influence investor sentiment and market trends.

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