DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues its altcoin investments and partnerships.
At this point, DWF Labs invested in the altcoin called NIKO.
According to Lookonchain’s post, DWF Labs purchased 10 million NIKO worth $495.
This was 1% of the total supply.
“DWF Labs received 10 million NIKO ($495K, 1% of total supply) for market making.
Previously, this wallet received 111.94 billion X (worth $35.6 million) for market making.”
Following the news, the price of NIKO rose.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/popular-market-maker-dwf-labs-invested-in-this-altcoin-price-increased-over-100-percent/