The quote from Justin Sun, the creator of Tron, that he and Vitalik, the co-founder of Ethereum, will invest $2 billion was retweeted.
BREAKING: $WETH just lost its peg, CEO of The Wrapped Ethereum Foundation (WEF) @poordart frantically announced to raise and fill their $2b hole. pic.twitter.com/qN39yjYryz
— kinnif (@0xkinnif) November 28, 2022
To recoup all the money, investment will be made in the Wrapped Ethereum Foundation (WEF).
Justin Sun addressed a tweeter who stated that the CEO of the WEF had announced plans to raise money and close their $2 billion hole.
As a humble member of the crypto industry, I personnally have discussed with my BFF @VitalikButerin and together we will invest $2b into WEF to recover all the funds. Stay #SAFU! Stay strong! https://t.co/UmjtljyRNz
— H.E. Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) November 28, 2022
Wrapped Ether (WETH) is a token pegged to Ether (ETH). It is used in several platforms and DApps which support ERC-20 tokens.
In the past 24 hours, WETH has decreased by 3.93%, according to Coinmarketcap. At the time of publication, WETH is worth $1,170.29 USD.
