Major Market Maker DWF Labs Bought This Altcoin, Which Has Attracted Attention With Its Recent Rise!

DWF Labs, one of the important market makers, draws attention with its recent partnerships and the altcoins it invests in.

At this point, the popular platform Lookonchain shared that DWF Labs withdrew 100,000 PERP worth $109,000 from Binance today.

“DWF Labs withdrew 100,000 PERP worth $109,000 from Binnace 30 minutes ago.”

DWF Labs(@DWFLabs) withdrew 100K $PERP($109K) from #Binance 30 mins ago.https://t.co/fVRIdkZsKa pic.twitter.com/7ezYjGAUoc

— Lookonchain (@lookonchain) September 8, 2023

PERP, one of the popular altcoins of recent times, has experienced an increase of up to 200% since September 4. PERP continues to trade at $1,135 at the time of writing.

What is PERP?

PERP is the token of Perpetual Protocol, a decentralized platform for perpetual contracts.

Perpetual Protocol, on the other hand, is a decentralized exchange for futures on Ethereum and xDai.

PERP draws attention with the rise it has experienced in recent days. The ATH of PERP, which was listed on Binance in 2021, is around $26.

*This is not investment advice.