Recently, a piece of news that has sparked heated discussions in the crypto world comes from @0xDylan_'s disclosure. It is reported that ALT5 company has spent $1.5 billion through OTC Trading to acquire 7.5% of the total supply of WLFI Token. This move inevitably brings to mind MicroStrategy's previous investment strategy in Bitcoin.



The acquisition cost for ALT5 this time is $0.2 per Token, while the current market price of WLFI has reached $0.5. This means that ALT5 has already achieved an approximate floating profit of $2.7 billion on paper. It is worth noting that the total market value of ALT5 currently is only $1.475 billion, and the potential return on this investment has far exceeded the company's own market value.

The WLFI project mainly focuses on the fields of digital banking and cross-border settlement. Industry insiders speculate that ALT5 Sigma may be deeply binding with the WLFI ecosystem, aiming for a long-term strategic layout. This large-scale investment behavior may indicate that institutional investors' confidence in specific crypto assets is increasing.

Compared to other projects in the Ethereum ecosystem, such as BMNR, which is referred to as "Ethereum Micro Strategy", some analyses suggest that ALT may have advantages in terms of cost-effectiveness and potential. This viewpoint stems from ALT5's bold investment decision this time and the development prospects of the WLFI project itself.

However, the crypto assets market has always been highly volatile. While investors focus on high returns, they should also fully recognize the high risks involved. ALT5's investment undoubtedly provides a boost to the market, but its long-term effects remain to be further observed.
BTC-1.71%
ETH-3.93%
ALT-5.95%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GasFeeCriervip
· 19h ago
Collecting money, collecting money
View OriginalReply0
DegenWhisperervip
· 19h ago
A direct shot this time! Damn!
View OriginalReply0
SpeakWithHatOnvip
· 20h ago
Wow, this investment is really fierce.
View OriginalReply0
MentalWealthHarvestervip
· 20h ago
Institutions are ruthless in their actions.
View OriginalReply0
BearMarketSurvivorvip
· 20h ago
It's another start of being played for suckers.
View OriginalReply0
ChainDoctorvip
· 20h ago
Just this position, huh?
View OriginalReply0
AirdropHunterKingvip
· 20h ago
suckers evolve in 48 hours go-with-the-flow bullish
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)