TL;DR
- World Liberty Financial, linked to Donald Trump, invested nearly 3 million $USDT to purchase over 3.6 million EOS tokens via PancakeSwap, signaling renewed institutional interest in this altcoin, which is soon to be rebranded as “Vaulta.”
- The move comes at a critical time for EOS and may hint at a strategic position ahead of its transformation.
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Despite past challenges, EOS maintains a strong infrastructure and an active development community.
World Liberty Financial shocked the crypto market by acquiring 3,636,000 EOS tokens for approximately 2.99 million $USDT through decentralized exchange PancakeSwap. The transaction was carried out on the BNB Smart Chain, an unusual decision for the fund, which typically focuses on Ethereum-based assets. The tokens were bought at an average price of $0.82, consistent with EOS’s trading range on low-volume exchanges during a period of notable price volatility.
crypto-economy.com