Trump-Backed WLFI Expands Holdings with 4.89 Million SEI Tokens Purchase

On April 12th, COINOTAG News reported that WLFI, a cryptocurrency initiative supported by former President Trump, has made significant investments in the SEI token market. Utilizing Onchain lens monitoring, it was revealed that WLFI acquired an additional 4.89 million SEI tokens at an average cost of $0.158, resulting in a total expenditure of 775,000 USDC. This strategic move increases WLFI’s holdings to 5,983,278 SEI tokens, solidifying its position within the digital assets sector. As the cryptocurrency landscape evolves, such investments reflect the growing trend of major stakeholders diversifying their portfolios through substantial token acquisitions. Investors and analysts alike will be keenly observing WLFI’s next steps as it navigates the complexities of the ever-changing cryptocurrency market, and the potential impact on the broader SEI token ecosystem.