March 26, 2025
Trump Family-Linked World Liberty Snaps Up 3.54m Mnt Tokens After Mantle's Hard Fork thumbnail
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Trump Family-Linked World Liberty Snaps Up 3.54m Mnt Tokens After Mantle’s Hard Fork

Mantle Network Integrated Eigenda Last Week to Enhance Scalacy and Ensure Better Compatibility with Ethereum’s Impending Pectra Upgrade.”, – WRITE: www.coindesk.com

Trump Family-Linked World Liberty Snaps Up 3.54m Mnt Tokens After Mantle’s Hard ForkMantle Network Integrated Eigenda Last Week to Enhance Scalacy and Ensure Better Compatibility with Ethereum’s Impending Pectra Upgrade.Updated Mar 24, 2025, 5:54 AM UTCPUBLISHED MAR 24, 2025, 5:53 AM UTC

World Liberty Financial (WLFi), A defi Project Backed by President Donald Trump’s Family, HAS ACQUID SUBSTANTANTIAL AMUNTS Network.

Wlfi Purchased About 3.54 Million Mnt for Nearly $ 3 Million USDC for An Average Purchase Price of 84 CENTS, ACCORDING TO DATA Sources Lookonchain and Arkham Intelligence.

The Recent Purchase Has Increased Wlfi’s Coin Holdings, WHICH INCLUDE TOKENS LIKE ETH, WBTC, TRX, LINK, Aave, ENA, ENA, AND ORHERS, TO Over $ 340 Million. However, The Trump Family-Backed Outlet Still Faced A Paper Loss of $ 111 Million As of Writing.

Mnt is the Native Cryptocurrency of the Mantom Network, Serving as A Utility Token for Gas Fees and A Governance Token for the Layer 2 EcoSystem Focused on Scaling Ethereum.

The Mantle Mainnet Hard Fork, or Backwards-inkmpatible Upgrade, Took Effect on March 19, Activating Eigenda on the Network. Eigenda is a Secure, High-ThroughPut, Decentralized Data Availliness Service on Ethereum.

The eigenda integration is said to boost mantle Network’s Scalacy Witting Data Rate Limits, Reportedly Resulting in A 15 MB/S Through. In Other Words, The Network Can Process More Transactions Per Block. Additionally, The Upgrade Has Made The Mantle Network Better Compatible with Ethereum’s Impening Pectra Upgrade.

MNT TRADED AT 6% HIGHher On the Day at 83 CENTS AT Press Time, Account to Data Sources Coindesk and Tradingview.

Omkar GodboleOmkar Godbole is a co-managing Editor on Coindesk’s Markets Team Based in Mumbai, Holds A Masters Degree in Finance and A Charted Market Technician (CMT) Member. Omkar Previoously Worked at FxStreet, Writing Research on Currency Markets and As Fundamental Analyst at Currency and Commodities Desk at Mumbai-Based Brokerage Houses. OMKAR HOLDS SMALL AMUNTS OF BITCOIN, Ether, Bittorrent, Tron and Dot.

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Omkar Godbole

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