According to the latest development, Donald Trump and his family's cryptocurrency project, World Liberty Financial ($WLFI), has purchased another altcoin after recently starting to accumulate Avalanche (AVAX).
According to Onchain data, Donald Trump’s cryptocurrency project bridged approximately $5 million worth of stablecoins to the Mantle network and started buying $MNT. They have purchased $1.35 million worth of $MNT so far.
World Liberty Financial recently raised $550 million in revenue from a private token sale that was not publicly available, and managed to sell all of its $WLFI tokens.
Following the development, there was a sudden surge in the $MNT price, according to Binance data.
Chart showing the upward wave in the $MNT price after the purchase.
*This is not investment advice.