The World Liberty Financial (WLFI), a defi project supported by President Donald Trump’s family, has gained a huge MNT token amount following the basic upgrading of the network’s last week’s last week’s technology.
WLFI bought about 3.54 million MNT for nearly $ 3 million USDC for an average purchase price of 84 cents, according to data resources Lookonchain and Arkham Intelligence.
Recent purchases have increased WLFI coin handling, which includes tokens such as ETH, WBTC, TRX, Link, Aave, ENA, and others, to more than $ 340 million. However, the outlet supported by the Trump family is still facing a paper loss of $ 111 million in writing.
MNT is the native cryptocurrency of the Mantle Network, which serves as a utility token for gas fees and a management token for the 2 ecosystem -focused scaling Ethereum.
The mantle mainnet hard fork, or backwards not compatible with upgrade, occurred On March 19, activation There is In the network. Eigenda is a safe, high-throughput, decentralized service of the presence of data at Ethereum.
The integration of the eigenda It is said to be strengthened Mantle network scalability without hitting data rate limits, which has been reported resulting in a 15 MB/s throughput. In other words, the network can process more transactions in each block. In addition, upgrading has made the mantle network better compatible with Ethereum’s upgrading PECTRA.
MNT exchanged 6% higher in the sun at 83 cents at the time of press, according to CoinDesk and TradingView data resources.
