Justin Sun, a prominent crypto billionaire and founder of Tron, has announced new investments in the World Liberty Financial (WLFI) project despite recent complications with frozen assets.
Sun's Investment in WLFI
Sun revealed his intention to direct additional funds towards WLFI and ALT5 Sigma Corp. (ALTS). He plans to purchase tokens worth $20 million—$10 million for each project.
Reasons for Increased Capital
Recently, Justin Sun expressed dissatisfaction on X regarding frozen tokens, suggesting that the WLFI team violated investor trust. He emphasized the importance of building a financial brand based on fairness and transparency.
Current Situation of $WLFI Price
According to Coinpedia, for stable growth, WLFI's price must stay above the resistance level of around 20 cents; otherwise, further corrections are possible. Currently, the token is trading around $0.18, a drop of 44% from its all-time high.
Despite the discontent and freezing of assets, Justin Sun is taking steps to maintain his image and investments in the WLFI project while seeking to restore investor trust.
