Popular Market Maker DWF Labs Invested in This Altcoin on Binance! Reacted to the Price!

According to information received, AirDAO received an investment of 500 thousand dollars from DWF Labs to ensure the growth of the ecosystem.

Announcing this news from the X account, AirDAO said:

“DWF Labs will provide a $500,000 grant to the AirDAO Ecosystem Treasury to support ecosystem development and our growth as a first-layer blockchain.

The AirDAO Council will use these funds to launch dApps to increase the utility of our ecosystem and create mobile-first DeFi protocols that will improve our users’ access to decentralized financial instruments and enhance investment opportunities.

“DWF laboratories had previously agreed on a joint ecosystem development fund of $1 million.”

.@DWFLabs continues to strengthen its commitment to the #AirDAO ecosystem with a $500,000 grant for ecosystem growth. $AMB

Read here: https://t.co/T0Rz92FyCF pic.twitter.com/5loSPnopHS

— AirDAO (@airdao_io) January 24, 2024

After this news, the AirDAO (AMB) price started to rise and recorded a 5% increase.

*This is not investment advice.

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