The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.

What to know:

– Data shows the project purchased $10 million in ether (ETH), and $1 million each in aave (AAVE) and Chainlink’s LINK tokens early Thursday.
– President-elect Donald Trump is "chief crypto advocate" of the project.
– World Liberty Financial uses data provider Chainlink's services for better integrating with the wider crypto ecosystem, and is also deploying an Aave instance.

Crypto wallets connected to the Trump family-supported World Liberty Financial project purchased millions of dollars worth of various major tokens early Thursday, causing their prices to rocket.

World Liberty Financial is a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins. WLFI serves as a governance token for the platform.

President-elect Donald Trump is "chief crypto advocate" of the project. Two of his sons, Eric and Donald Trump Jr., are "web3 ambassadors," while Barron holds the title of "DeFi visionary."

Data shows the project purchased $10 million in ether (ETH), and $1 million each in aave (AAVE) and Chainlink’s LINK tokens early Thursday. ETH prices surged 7% in Asian morning hours after the purchases, while AAVE and LINK prices surged 30% on the bullish sentiment.

Trump's World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE!