World

Liberty

Rescue

Million

TRON

<ul> 
 <li aria-level="1">World Liberty Financial Struggled Before Sun’s Investment, Raising Only $21 Million Of Its $300 Million Goal.</li> 
 <li aria-level="1">WLFI Tokens Restricted To Non-US And Accredited US Investors, Contributing To Limited Liquidity And Slower Sales.</li> 
</ul> 
Justin Sun, founder of Tron, has invested $30 million in <a href="https://www.ethnews.com/donald-trump-unveils-wlfi-token-sale-amid-presidential-campaign-push/">World Liberty Financial (WLFI)</a>, a DeFi platform endorsed by Donald Trump. This investment aims to rejuvenate the platform, which has struggled to meet its funding target of $300 million, having raised only $21 million prior to this investment. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We are thrilled to invest $30 million in World Liberty Financial <a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw">@worldlibertyfi</a> as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>! TRON is committed to making America great again and leading innovation. Let's go! <a href="https://t.co/cISTsVYP1f">pic.twitter.com/cISTsVYP1f</a> 
 — H.E. Justin Sun <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f34c.png" alt="🍌" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1861121947372773545?ref_src=twsrc%5Etfw">November 25, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Sun <a href="https://www.ethnews.com/revealed-why-justin-sun-is-really-moving-millions-in-bitcoin-to-binance/">expressed</a> his commitment to blockchain innovation in the U.S. on X, aligning his investment with Trump’s influence on America’s blockchain environment. 
His investment surpasses the critical $30 million threshold, enabling profits for a company owned by Donald Trump, as stipulated in the platform’s financial setup. 
<blockquote>
 “The US is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation,” Justin Sun&nbsp;
</blockquote> 
World Liberty Financial is steered by a combination of <a href="https://www.ethnews.com/trumps-pro-crypto-cabinet-could-transform-u-s-crypto-asset-policy/">Trump’s associates</a>, cryptocurrency figures, and financial experts. The platform’s connection to the Trump family is marketed as a key feature, enhancing its identity within the blockchain sector. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We're honored to have the support of <a href="https://twitter.com/justinsuntron?ref_src=twsrc%5Etfw">@justinsuntron</a> and <a href="https://twitter.com/trondao?ref_src=twsrc%5Etfw">@trondao</a> ! Together, we're driving innovation, aligning on a vision for a stronger blockchain future, and contributing to the growing ecosystem. Exciting times ahead! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f985.png" alt="🦅" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/gtXwoJOAnL">https://t.co/gtXwoJOAnL</a> 
 — WLFI (@worldlibertyfi) <a href="https://twitter.com/worldlibertyfi/status/1861134900528545869?ref_src=twsrc%5Etfw">November 25, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
In a broader context, Sun remains an influential figure in both the cryptocurrency and art markets. His recent acquisitions include a viral artwork for $6.2 million, which indirectly impacted the value of related cryptocurrency tokens.&nbsp; 
Sun’s continued engagement in high-profile transactions underscores his role as an investor across various sectors. 

<div class="cryptoboxes" id="mcw-12515" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-chartcoin="TRX" data-chartcurrency="USD" data-chartrate="1.000268" data-charttype="chart" data-chartview="day" data-charttheme="light" data-chartsmooth="true" data-chartareacolor="" data-chartbgcolor=""></div>
</div> 
TRON (TRX) is currently trading at $0.1971 USD, with a daily decline of 5.53%. Despite this pullback, TRX has shown consistent growth, with a monthly increase of 20.59% and a six-month rise of 76.02%. Year-to-date, TRX is up by 81.87%, demonstrating its resilience and continued adoption. 
<figure id="attachment_107934" aria-describedby="caption-attachment-107934" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="size-full wp-image-107934" src="https://www.ethnews.com/wp-content/uploads/2024/11/TRX_7D_graph_coinmarketcap-1.jpeg" alt="TRX_7D_graph_coinmarketcap (1)" width="1200" height="800">
 <figcaption id="caption-attachment-107934" class="wp-caption-text">
 Source: Coinmarketcap
 </figcaption>
</figure> 
TRON’s market capitalization stands at $16.93 billion USD, supported by a 24-hour trading volume of $1.20 billion USD, reflecting strong liquidity and market activity. 
TRX’s all-time high was $0.3506 USD, suggesting room for recovery. Its circulating supply is 86.34 billion TRX, with no set maximum supply. 
The post <a href="https://www.ethnews.com/will-justin-suns-massive-investment-rescue-trump-backed-crypto-enterprise/">Will Justin Sun’s Massive Investment Rescue Trump-Backed Crypto Enterprise?</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

Will Justin Sun’s Massive Investment Rescue Trump-Backed Crypto Enterprise?

ETHNews

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