Chainlink And AAVE Surge After Trump’s Crypto Project Invests In Both
Summary
Donald Trump's World Liberty Financial (WLF) invested approximately $10 million in Ethereum (ETH), $1 million in Aave (AAVE), and $1 million in Chainlink (LINK) on December 11, leading to significant price increases of 31% for AAVE and 23.5% for LINK. Over the past 12 days, WLF has spent around $30 million to acquire over 8,000 ETH at an average price of $3,701. WLF plans to integrate Chainlink's technology for on-chain data and cross-chain interoperability, aiming to enhance its protocol ecosystem and drive DeFi adoption. AAVE has risen 138% in five weeks, with potential price targets at $430.29 and $534.87. Chainlink has gained over 175% in the same period, with a critical resistance level at $28.88. Current LINK price is $27.67.
