President Trump Trump is financially bought more encryption, with a total loss of $ 118,000,000: data on the series
The encryption project supported by US President Donald Trump has acquired another group of digital assets with millions of dollars.
According to Blockchain tracking company LookonchainWorld Liberty Financial (WLFI) bought about $ 2 million of collapse (Avax) and Mantle (MNT).
Avalanche is an ETHEREUM Layer-1 (ETH) competitor, while Mantle is a prominent slicing of Ethereum-2.
However, Lokonchain notes that the WLFI portfolio, which includes more than 11 encryption assets, loses each unique symbol, to approximately $ 120 million in total.
Trump’s global freedom [Financial] Bought 103,911 Avax ($ 2 million) and 2.45 million MNT ($ 2 million) …
In total, World Liberty spent 343 million dollars on 11 different icons – but each one is red, with a total loss of $ 118 million! “
At the time of writing this report, AVAX is trading at $ 18.35 while the MNT price is $ 0.826.
Besides the accumulation of private digital assets through WLFI, President Trump also suggested that the United States create its national strategic coding reserves in Bitcoin (BTC) and many large altcoins.
Trump’s initial confirmation of the encryption reserves led to an increase of $ 100 billion in the global encryption market, which was eventually short -term.
Trump framing the reserve in response to what he called “corrupt attacks” in the encryption industry by the Biden administration, focusing on his goal to make the United States “the capital of encryption in the world.”
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