8-6-2025 – DWF Labs has endured a turbulent period after revealing its secondary market operation wallet address, casting a spotlight on its recent investment moves. Over the past month, the firm has strategically acquired seven distinct altcoins from centralised exchanges, deploying roughly $6.43 million in capital. However, the venture has proven largely unfruitful, with six of the seven projects currently languishing in the red, yielding a collective loss of approximately $850,000—a 13% dent in their investment.
Among the acquisitions, DWF Labs secured 51.15 million JST tokens for about $1.89 million, with each token priced at roughly $0.037. They also invested $1.54 million in 5 million MANTA tokens, at an average of $0.309 each, and spent $1.02 million on 4.73 million YGG tokens, averaging $0.216 per token. Further purchases included 137 million IOST tokens for $480,000, at $0.0035 per token, and 21.28 million IOTX tokens for $440,000, with an average cost of $0.021. The firm also allocated $540,000 to acquire 3 million SIREN tokens at $0.18 each and $480,000 for 3.5 million PHA tokens, priced at approximately $0.139 per token. While one project has yielded a profit, the broader portfolio’s downturn underscores the volatility of the altcoin market.
