According to the official statement, DWF Labs invested in the ORN altcoin.
According to the statement made by the official website of Orion (ORN), DWF Labs invested in ORN and agreed to lock the ORN tokens it purchased for 12 months.
The amount of the investment in question was not specified in the statement.
The investment was also confirmed on the DWF Labs official X account and shared with the note: “We look forward to new milestones and growth in the ecosystem.”
As described by the developers, Orion is a suite of decentralized finance (DeFi) trading products that provide users with instant access to aggregate centralized and decentralized exchange liquidity to deliver real-time best asset prices in a seamless trading experience.
The altcoin is currently listed on major centralized cryptocurrency exchanges such as Binance, Coinbase and Kucoin. Despite this, the ORN price is traded at 2.14, far from the $ 29.29 price it broke on March 22, 2021. The price of the altcoin rose sharply following the listing news, rising 20% at its peak.
*This is not investment advice.