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Cryptocurrency News Articles
After World Liberty Financial (WLFI) Invested $2.99M, EOS Price Spiked Over 10%
May 17, 2025 at 04:45 am
EOS captured financial headlines this week after World Liberty Financial (WLFI), a crypto fund reportedly linked to Trump interests, invested $2.99 million to acquire EOS tokens.
The crypto sphere buzzed this week as World Liberty Financial (WLFI), a crypto fund reportedly linked to Trump interests, reportedly invested $2.99 million to acquire EOS tokens.
This transaction, which marks WLFI’s inaugural investment in the EOS chain, was executed via PancakeSwap at an exchange rate of $0.82 per token.
The purchase comes just ahead of EOS’s planned rebranding to Vaulta, a platform focusing on Web3 digital banking solutions and a newly formed Vaulta Banking Advisory Council to provide expert advice.
The fib 0.618 support at $0.72 seems to be holding, and we're seeing a small attempt to break the 1.618 fib extension at $0.867, suggesting some bullish momentum despite the MACD showing some consolidation and the high balance of power at 0.77 suggesting overbought conditions.
As traders keep an eye on the $1.00 psychological level and 2.618 fib target, EOS/Vaulta remains one of the most-watched speculative plays this month. However, with past WLFI acquisitions like MOVE ending in losses, caution is key.
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