World Liberty Financial, Crypto Project supported by US President Donald Trump’s family, announced on Wednesday that it bought Buildon (B), which triggered a 1,340% movement in the BNB chain.
The purchase came after Buildon announced it would use WLFI’s USD1 stablecoin to create cases in the real world.
“We just bought some $ B to support the Buildon team,” wrote World Liberty Financial in a social media post. “Love to see projects choose $ USD1 as their base pair – faster settlement, deeper liquidity and grow every day. We hope to see more symbols change,” the post added.
Data from Arkham shows that World Liberty Financial owns 636,000 B symbols worth $ 172,000.
Before the purchase, B -Tokenet was appreciated at around $ 40 million in terms of market hood and attracted less than $ 100 million in daily trading volume. This volume over the past 24 hours surpassed $ 1.2 billion following World Liberty Financial’s announcement.
The majority of this volume has taken place on decentralized exchange pandakeswap, which is the BNB chain’s response to Uniswap. It is not yet listed on any major exchange.