DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues its altcoin purchases and investments.
At this point, DWF Labs recently announced that it has invested in the altcoin called THETA.
Sharing from the X account, DWF Labs said:
“We are excited to announce a $1 million investment into the Theta Labs ecosystem to focus on developing its latest innovation, Theta Edgecloud.”
We are excited to announce a commitment of $1 million to the Theta Labs ecosystem (@Theta_Network) to focus on advancing its latest innovation, Theta Edgecloud 💥 pic.twitter.com/SJitykW4Sz
— DWF Labs (@DWFLabs) December 6, 2023
Following the announcement, THETA price started to rise.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/popular-market-maker-dwf-labs-announces-investment-in-this-binance-listed-altcoin-there-was-a-sudden-increase-in-price/