Andrei Grachev, CEO of DWF Labs, a prominent figure in the cryptocurrency market known for its controversial actions, has indicated plans to invest significantly more in a surprise altcoin. Grachev’s statement came after he revealed that DWF Labs currently holds 5 million NEAR tokens, with an additional 6 million staked NEAR tokens, totaling approximately $29 million in value. 2023 saw DWF Labs’ controversial approach attract criticism from rival market makers. The company recently faced accusations of manipulation and now has a portfolio worth $15 million, primarily holding Ethereum ($6.4 million) and JST ($1.77 million). To increase their investment, Grachev challenged Near Protocol developers to reduce the inflation rate for NEAR tokens, which currently stands at 5%, to 2.5%. He added that DWF Labs is ready to purchase an additional 10 million NEAR tokens worth approximately $26 million if this change is made. This move comes on the heels of a recent high-profile announcement from Coinbase, which has been unveiling new altcoin listings in rapid succession.