Justin Sun Claims $200M of Trump’s WLFI Token Unlock: ‘Not Selling’

Justin Sun Claims $200M of Trump’s WLFI Token Unlock: ‘Not Selling’
Justin Sun Claims $200M of Trump’s WLFI Token Unlock: ‘Not Selling’

Main notes

  • Justin Sun acquired 600 million WLFI icons, representing 3 % of the unbelievable offer, as it was placed as an interest owner in the main governance.
  • WLFI is trading at $ 0.2453 with a maximum of $ 6.05 billion, despite a decrease in 38 % of the peak before the launch of the pre -$ 0.40 per code.
  • The high speculation of the project surrounds $ 2.57 billion per day and organizational risks from political support.

On the first of September, the global financial governance code, WLFI, achieved a symbolic generation (TGE) event, opened 20 % of 100 billion icons. The project has the support of Donald Trump. The encryption whales, such as Justin Sun, the founder of Tron (TRX), participated at all by calling for a part of the distinctive symbols.

In particular, Justin Sun got 600 million WLFI, approximately $ 200 million in TGE. This amount accounts for 3 % of 20 billion not believers, which makes Sun an important contributor to the project, with a significant impact on governance decisions.


Moreover, Sun has approximately one billion dollars of the distinctive symbol, according to Arkham Intelligence, who was obtained from sources other than its initial opening today. Before TGE, WLFI was already traded in the release of derivatives on the permanent markets, as it saw a 500 % increase in the price moments before the event, previously said Coinspeak.

Justin Sun pledged to adhere to the project and said that he “has no plans to sell unique codes closed anytime,” noting that “a very strong long -term vision” of the project, and concluded that he “is completely in line with the mission.”

In addition to the general commitment not to sell any of 600 million claims to WLFI, the cryptocurrency also promised to increase the $ 200 million bid to TON. USD1 is a stablecoin icon associated with US dollar with contacts with World Liberty Financial.

WLFI price analysis

Depending on data from CoinMarketcapWLFI was traded at $ 0.2453 per code at the time of writing this report, just a few hours after TGE. At this price and with 24.66 billion width of WLFI, the Defi project approved by Donald Trump has a market value of $ 6.05 billion and a fully reduced value of $ 24.53 billion (FDV).

As we mentioned before, WLFI saw a rise in the price moments before opening the lock and subsequent insertion on the leading stock exchanges, as it was circulated by about $ 0.40 per code. Despite the decrease in more than 38 % of its peak, WLFI won 7 % in the past 24 hours, indicating the price traded in futures markets before the official launch today.

The market interest in WLFI is high, with a size of 24 hours 2.57 billion dollars, which represents 41.5 % of the maximum market.

World Liberty Financial (WLFI) Market and Price data on September 1 | Source: CoinmarketCap

Despite the noise, WLFI operates in a very speculative market, with risks including price fluctuations, organizational scrutiny – especially the political number – and the potential sale of unintended unique symbols. Investors and traders must move forward with caution, evaluate the project and related activities carefully before making large financial decisions.

An example of the relevant risks can be seen in the last activity observed on the PI network, as the distinctive symbol decreased by 10 % despite the long -awaited network upgrade, as Coin PI reserves reached 420 million PI on the central stock exchanges.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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Vini Barbosa has been professionally covered the encryption industry since 2020, as it summarizes more than 10,000 hours of research, writing and editing content related to media outlets and key players in the industry. Vini is an active suspension and heavy technology user, who really believes in its revolutionary capabilities. The topics of interest include Blockchain, open source programs, decentralized financing, and the benefit of the real world.

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