Already big pump 30%! Trump encryption platform smashed 400 million crazy to buy 'these 3 coins', will it rise later?

The Trump family's Decentralized Finance platform WLF suddenly bought three kinds of coins

According to CoinDesk, the World Liberty Financial (WLF) cryptocurrency platform, supported by the Trump family, suddenly made a large-scale purchase of three cryptocurrencies on December 12, with a total value of about $12 million (approximately 400 million New Taiwan dollars).

10 million US dollars worth of Ether ($ETH)

$AAVE Aave ($1,000,000)

Chainlink ($LINK) worth 1 million dollars

This transaction immediately caused market fluctuations. In addition to $AAVE and $LINK skyrocketing by 30% respectively, $ETH also rose by 7%.

In a previous report on 'Crypto City', WLF was identified as a platform supported by the Trump family, with Trump himself being named the 'Chief Advocate for Cryptocurrency' and his sons Eric Trump and Donald Trump Jr. appointed as 'Web3 Ambassadors'.

However, due to US regulations, WLF currently only allows non-US investors or US accredited investors to participate, and its development team has had previous projects with smart contract vulnerabilities, so there is some controversy in the cryptocurrency community.

Chainlink's response to WLF buying: ready

Chainlink community PR Zach Rynes told the media:

With the possibility of the new government bringing regulatory clarity to cryptocurrency in the United States, Chainlink and WLF are ready to expand the scale of decentralized finance in unprecedented ways.

Cryptocurrency trader TheFlowHorse also expressed his views on this, speculating that WLF's purchase may be part of a larger plan by the Trump team in the coming months.

$ETH, $AAVE, $LINK will continue to rise? Analysts predict the price

Benefited from the news of WLF buying, $ETH, $AAVE, $LINK have all risen, and many investors are curious if they will continue to rise. Several analysts and institutions have shared their views:

Ethereum ($ETH) Price Prediction

Cryptocurrency asset management company Bitwise previously predicted that Ethereum ($ETH) could rise to a target price of $7,000 by 2025, mainly due to the growth of ETF inflows and the development of Layer 2 scaling solutions.

Decentralized Finance According to Llama data, Ethereum's locked-in value (TVL) has reached $78 billion, an increase of 31% in the past month, and the Ethereum ecosystem accounts for 47% of DApp transaction volume, demonstrating its strong position in the cryptocurrency field.

Source: Decentralized FinanceLlama Ethereum Total Locked Chart

Aave ($AAVE) Price Prediction

Cryptocurrency analyst Hitesh Malviya previously predicted that $AAVE has the potential to rise to a target price of $1,000 in the future, which is an increase of about 170% from the current price of $371.

Although there was no news of WLF buying at that time, analysts had already seen the bullish fundamentals and believed that $AAVE still had great potential for further rise.

Another analyst added that with the endorsement of influential figures, $AAVE is expected to continue to rise,

Chainlink ($LINK) Price Prediction

Foreign media 'CoinGape' pointed out that according to the weekly trend, Chainlink ($LINK) is forming a bullish rounding pattern, and after breaking through $30, it is expected to reach a historical high of $53.

Technical analysis by investech shows that Chainlink ($LINK) has currently broken through the medium-term downward trend channel, with strong short-term upward momentum. The Relative Strength Index (RSI) is above 70, indicating high investor sentiment. However, be cautious of the short-term pullback risk due to overbought conditions, control leverage, and manage risks.

[Disclaimer] The market is risky, and investment should be cautious. This article does not constitute investment advice. The analyst's views are for reference only. Users should consider whether any opinions, perspectives, or conclusions in this article are applicable to their specific situation. Investing based on this is at your own risk.

"It has surged by 30%! Trump's cryptocurrency platform smashed 400 million to buy 'these 3 kinds of coins', will it rise later?" This article was first published in 'Crypto City'.