Litentry $LIT Surges To Yearly High Amid DWF Labs’ Portfolio Momentum
Litentry $LIT, a prominent token in the portfolio of DWF Labs, has witnessed remarkable gains in its value, soaring by over 42% throughout this week and experiencing a 24% surge today, reaching a yearly high of $1.496. Functioning as a privacy-preserving decentralized identity aggregation oracle, Litentry operates on the Substrate framework and is specifically designed for Polkadot, EVM-based platforms, and other multi-chain ecosystems. DWFLabs, a renowned market marker, acquired 3 million LIT tokens valued at $3.66 million at an average price of $0.86 on October 29 and December 11, 2023. Currently, the price stands at $1.4. In a recent development, DWF Labs reportedly deposited 700,000 LIT tokens, equivalent to $838,000, to Binance a few hours ago. Notably, the tokens held by DWF Labs have exhibited significant trading activity over the past two days, leading to substantial price surges across the […]