Giant market maker company DWF Labs triggered a rise in price by purchasing a new altcoin.
DWF Labsadding a new one to its altcoin investments UniLend Finance (UFT) made the purchase.
On-chain data platform lookonchainthe giant company recently launched a decentralized finance protocol. UniLend Finance from the project’s own wallet 1 million UFT worth 226 thousand dollars made the purchase confirmed.
This investment 16.7%While triggering a rise above UFT price in short time $0.2058from $0.2402reached up to.
There is an increase but be careful…
On the other hand, DWF Labs’ recent investments have raised questions with both their performance and subsequent adverse movements. market maker wintermuteco-founder of Yoann Turpinwith the altcoin investments of its rival DWF Labs in the past period. prices And manipulated the market he implied.
After these allegations, DWF Labs’ altcoin investments caused a stir. The company has recently invested 6 altcoins experienced a great increase at first, but then the prices fell back in a very short time. returned to their old places He saw even more gold.
According to CoinGecko data, UFT, at the time of writing from $0.2386 is being traded.