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Trump's cryptocurrency project WLFI purchases over 500,000 ENA
3 hours ago, the Trump encryption project WLFI spent 500,013 USDC to purchase the former 509,955 ENA at an average price of 0.981 US dollars. Overall, since November 31, World Liberty Financial has spent $44.41 million to purchase five cryptocurrencies, including: • 8,105 ETH (Cost: $30 million, average purchase price: $3,701), current value +$1.29 million • 102.9 cbBTC (Cost: $10 million, Average purchase price: $97,181), Current price +$410,000 • 78,387 LINK (Cost: $2 million, average purchase price: $25.51), current value +$290,000 • 5,886 AAVE (Cost: $1.91 million, Average Purchase Price: $324.4), Current Value +$252,000 • 509,955 ENA (Cost: $500,000, Average Purchase Price: $0.981), Current Price +$81,300
The MVRV ratio has turned from negative to positive, implying undervaluation and reinforcing bullish bias.
A breakout in the Bull Market flag pattern could push DOGE to $0.60, or even $1.