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What Altcoins Does Controversial Market Maker DWF Labs Invest in? Here is Their Top Ranked Asset

source-logo  en.bitcoinsistemi.com 26 June 2024 19:22, UTC

DWF Labs, one of the most talked about market maker companies in the cryptocurrency world recently, has some interesting tokens in its altcoin portfolio.

The company is known for the price jump it created in the altcoins it announced to invest in, immediately following the news. However, although some rival companies claim that DWF Labs is engaged in market manipulation, the company denies this.

In one of its recent moves, the market maker company sold its JASMY tokens.

When the latest data is examined, we see that DWF Labs' portfolio is approximately 30.6 million dollars in total.

Data shows that the largest altcoin in the company's portfolio is SNBNB, whose price is indexed to BNB and is also a staked form of BNB. They hold $4.55 million worth of SNBNB in their wallets.

ORBS ranked second with $3.48 million, DEXE ranked third with $3.23 million, GALA ranked fourth with $2.44 million, and LIT ranked fifth with $1.8 million.

Other major assets and amounts of the company are as follows:

  • TRADE – $1.74 million
  • AXL – $1.44 million
  • SIS – $1.23 million
  • USDT – $1.12 million
  • RACA – 911 thousand dollars

DWF Labs lost 567 thousand dollars from its altcoin portfolio in the last 24 hours due to the declines experienced today.

*This is not investment advice.

en.bitcoinsistemi.com