This Altcoin Received a Million Dollar Investment, Its Price First Risen and Then Declined!

While expectations for the future of cryptocurrencies are rising, many projects continue to raise millions of dollars in funding.

In this context, the investment company DWF Labs recently invested in LeverFi.

In his post on Twitter, LeverFi said that LeverFi received an investment of US$ 2 million from DWF Labs, one of Web3’s largest market makers.

“We are excited to share that LeverFi has received a $2 million investment from DWF Labs, one of Web3’s largest market makers.

“This investment, which has been locked and authorized for two years, represents our shared commitment to further DeFi innovation.”

We are excited to share that LeverFi has received an investment of USD 2 million from @DWFLabs, one of the largest market makers in Web3.

Locked and vested over two years, this investment represents our shared commitment towards greater DeFi innovation👉https://t.co/uDKb8Nuq5l

— LeverFi 杠杆金融 (@LeverFi) September 26, 2023

Following DWF Labs’ investment news, LeverFi’s token LEVER experienced an increase of approximately 6%. LEVER, which rose to $0.00198, gave back its gains and continues to be traded at $0.00182 at the time of writing.

*This is not investment advice.