WLFI grab $3M plus EOS acquisition cause 10% rally, market dey eye DeFi leadership plus Trump connection
Di Trump-linked DeFi project wey dem dey call World Liberty Financial (WLFI) don buy about 3.64 million EOS tokens for $2.996 million recently, na dia first big buy after wetin be two-month break. Dis purchase push EOS price up by 10%, cross key resistance levels an cause breakout from one kin long time falling wedge technical pattern. WLFI, wey already get big assets like ETH an BTC, now get $347 million crypto portfolio with 12 assets, but e dey face unrealized losses of around 15% ($53.07 million). Although dem never confirm WLFI get Trump connection, dis association don make market interest an speculative activities plenty. The investment join EOS wey dem rename Vaulta and do 1:1 token swap to $A wey Crypto.com dey support, make e position well for Web3 banking and DeFi markets. Analysts dey call the current setup bullish, dem dey set target above $1.30 if momentum continue. Traders dey closely watch how EOS fit hold support above $0.83 and how WLFI go move next, because WLFI don use affect market direction before. The news show say institutional an speculative attention don come back, mean say volatility and price action fit increase for EOS and related DeFi tokens.
Bullish
WLFI sharp sharp dollar $3M plus acquisition for EOS na mean say big big money don enter market from big institution dem, wey cause sharp 10% rally and push EOS pass strong technical resistance dem. This kain entry still match well with EOS rebranding and token swap, e make market story wey dey steady to climb more get strong ground and e attract traders and speculators eye. Technical analysis show say dem break comot from long time falling wedge pattern, wey most time mean say trend go turn and e get chance to go up more. Market feeling don become better now, traders dey watch make price hold pass $0.83 and maybe WLFI go buy more, those two things fit help keep the bullish vibe. But the rally na some kind sentiment based and e fit weak if market power change. Overall, the news dey talk say EOS get bright short-term and maybe medium-term chance to rise.