'Trump Effect'?…Ondo Finance Surges 10% Intraday

Uk Jin

Summary

Ondo Finance (ONDO) reportedly surged 10% due to the news of a purchase by World Liberty Financial (WLFI).
WLFI, a project supported by the family of Donald Trump, announced the purchase of Ondo Finance worth $250,000.
Etena (ENA), Aave (AAVE), and Chainlink (LINK) have also shown upward trends in the past for similar reasons.

Ondo Finance (ONDO) has jumped on a rising trend. It is analyzed that investors are showing interest following the news that World Liberty Financial (WLFI), a cryptocurrency project supported by the family of Donald Trump, has purchased Ondo Finance.

As of 8:41 AM on the 16th, Ondo Finance is recording approximately a 10% surge to $2.07 based on CoinMarketCap.

Previously, Aggr News, which specializes in delivering news related to cryptocurrencies and the economy, reported that World Liberty Financial purchased Ondo Finance worth $250,000.

Previously, Etena (ENA), Aave (AAVE), and Chainlink (LINK) also experienced an upward trend for similar reasons.

ONDO