cryptd.in

另类 LinkedIn 适合加密人才

WLFI Token Begins Trading: Insights Into The Trump-Backed Crypto

-

由

cryptd.in
于

World Liberty Financial, a decentralized finance (DeFi) platform supported by President Donald Trump, has officially launched its native token WLFI. Although the debut of WLFI marks a significant step for the Trump family, its initial performance has been lackluster compared to the anticipation it garnered in recent weeks.

WLFI Token Faces 12% Decline

According to CoinGecko 数据, the WLFI price had already seen losses of up to 12% by the time of writing. It is attempting to consolidate at the $0.24 mark, which could be the cryptocurrency’s first support line for the rest of the week.

Upon launch, WLFI reached a high of $0.33 and a low of $0.23 earlier on Monday’s trading session. This represents a nearly 25% gap from the current trading levels and the recently established all-time high for the World Liberty Financial token.

Donald Trump Jr., the eldest son of President Donald Trump, took to social media platform X to defend the token’s legitimacy, stating, “This isn’t some memecoin; it’s the governance backbone of a real ecosystem changing how money moves. Freedom + finance + America FIRST.” 

World Liberty Financial was established last October, with Donald Trump serving as “co-founder emeritus” alongside his three sons. The company initially created 100 billion WLFI tokens, of which about a quarter were sold for a face value of $550 million. 

However, these tokens were not initially tradeable and could only be used for voting on corporate matters within the company. A vote last month permitted the tokens to be traded, allowing for a nominal total market value of around $6.4 billion based on the current price.

In the initial trading phase, 24.7 billion WLFI tokens are set to be available, which includes 7.8 billion tokens earmarked for a newly announced “crypto treasury” company in collaboration with ALT5 Sigma, a Nasdaq-listed fintech company. 

Critics Raise Conflict Of Interest Concerns 

Financial disclosures reveal that Donald Trump held approximately 15.75 billion WLFI tokens at the end of last year, which, at the current trading price, would be valued approximately $3.6 billion. 

However, the Trump family’s involvement in the sector has drawn criticism among Democrats. Senator Elizabeth Warren raised concerns in an April letter, arguing that the Trump family’s financial interests in World Liberty Financial create a conflict of interest that could influence regulatory decisions in favor of cryptocurrency.

Earlier this year, the company also launched a stablecoin named USD1, pegged to the dollar, with a total nominal value of $2.7 billion. The head of crypto market maker DWF Markets, Andrei Grachev, who is also an investor in WLFI, announced plans to shift $250 million of reserves into USD1.

WLFI

Featured image from NBC, chart from TradingView.com 

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (383) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (69) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (64) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (3) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。