WLFiToken

The price of the Official Trump memecoin ($TRUMP) briefly spiked before pulling back, following a high-profile announcement by Eric Trump, son of President Donald Trump, on June 6. The younger Trump revealed that World Liberty Financial (WLF) — a Trump family-backed crypto venture — intends to acquire a substantial amount of the $TRUMP token for its long-term treasury.
“We’re proud to announce that World Liberty Financial plans to acquire a substantial position in $TRUMP for their Long-Term Treasury,” Eric Trump posted on X.
Breaking News: I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi. Although their meme wallet isn’t moving forward, they remain focused on building the most exciting MEME on earth - $Trump. Moreover, we're proud to announce that World Liberty Financial…— Eric Trump (@EricTrump) June 6, 2025
Minutes after the post, $TRUMP saw a 6.4% price jump, briefly pushing the token to $10.78, before retracing to $10.10 at the time of publication, according to CoinMarketCap. Despite the news, some market participants were left puzzled by the muted reaction, considering the token's direct connection to the Trump name and the growing political spotlight on cryptocurrency.
Currently, $TRUMP ranks #45 in market capitalization, valued at $2.03 billion.
Eric Trump Backs Off Controversial Wallet Launch
Alongside the announcement, Eric Trump addressed the controversy surrounding the previously hyped Official Trump Wallet. Earlier this month, NFT marketplace Magic Eden and the $TRUMP team jointly promoted a wallet launch branded under the Trump name. However, Eric Trump quickly shut it down.
“Although their meme wallet isn’t moving forward, they remain focused on building the most exciting MEME on earth - $Trump,” he stated.
Eric also publicly warned Magic Eden against unauthorized use of the Trump brand, stressing that no one in their organization approved the wallet initiative.
Donald Trump Jr. later attempted to reassure supporters by confirming that a “proper official wallet” is still in development and will be launched directly under the Trump family's oversight.
Crypto Community Reacts to Weak Market Response
Despite the strong family backing and upcoming acquisition by WLF, some crypto analysts and influencers expressed concern that the token “hasn’t pumped” more dramatically.
“The coin hasn’t pumped on this news – not a good sign at all,” commented crypto analyst Pluid on X.
The subdued market reaction follows an earlier surge in hype after a private event on May 23 hosted at President Donald Trump’s Virginia golf course, where the top 220 holders of the token met for a VIP dinner.
Eric Trump has increasingly positioned himself as a pro-crypto voice within the Trump family. At the Consensus 2024 conference in Toronto on May 15, he emphasized the global appetite for Bitcoin:
“From families to government funds, everybody in the world is trying to hoard Bitcoin right now.”
The post appeared first on CryptosNewss.com
#TrumpVsMusk #EricTrump #WLFiToken $BTC

World Liberty Financial (WLFI), a crypto project linked to the Trump family, has continued its aggressive altcoin acquisition spree with a $775,000 purchase of 4.89 million SEI tokens, according to data from Arkham Intelligence.The onchain transaction, executed on April 12, was carried out by one of WLFI’s trading wallets funded via USDC transferred from its main treasury. This wallet has been actively used by WLFI in recent months to accumulate various cryptocurrencies.The SEI addition brings the number of tokens in WLFI’s portfolio to 11, including major cryptocurrencies such as Bitcoin, Ethereum, and altcoins like Tron, Ondo Finance, and Avalanche.
$347 Million Spent — $145.8 Million in Unrealized Losses
Despite the high volume of investment, the Trump-affiliated project has yet to see a profit. According to blockchain researcher Lookonchain, WLFI has spent approximately $346.8 million on crypto assets but currently holds an unrealized loss of around $145.8 million.
Trump's World Liberty(@worldlibertyfi) spent 775K $USDC to buy 4.89M $SEI again 1 hour ago.In total, #WorldLiberty has spent $346.8M on 11 different tokens—but every single one is in the red, with a total loss of $145.8M!https://t.co/IzbZt1afkV pic.twitter.com/1lZchggiK5— Lookonchain (@lookonchain) April 12, 2025
https://x.com/EricTrump/status/1886541132903133230
WLFI’s Ethereum position alone is reportedly down over $114 million, reflecting poor market timing and the volatility in digital assets.
The situation is compounded by a now-controversial February 3 X post from Eric Trump, who urged followers to buy ETH, stating, “It’s a great time to add $ETH.” The post originally included “you can thank me later,” which was later edited out. Since that tweet, ETH’s price has plummeted by 55%, dropping from $2,879 to $1,611.
WLFI’s USD1 Stablecoin Draws Political Scrutiny
In parallel with its trading activity, WLFI’s stablecoin USD1, is gaining visibility. Its logo has been spotted on major platforms like Coinbase, Binance, and CoinMarketCap, though no official branding announcement has been made.
However, USD1’s presence has triggered political concern in Washington. During an April 2 hearing on stablecoin legislation, Rep. Maxine Waters (D-CA) warned that  President Donald Trump may aim to replace the US dollar with his own stablecoin for use across federal government programs.
“Trump likely wants the entire government to use stablecoins [...] And which coin do you think Trump would replace the dollar with? His own, of course,” said Waters.
Her Republican counterpart, Rep. French Hill, echoed similar apprehensions.
“If there is no effort to block the president of the United States of America from owning his stablecoin business [...] I would ask other members not to be enablers.”
What’s Next for WLFI?
As WLFI continues to expand its digital asset portfolio, on-chain transparency and political speculation are intensifying. Whether the Trump-linked venture can turn its massive investments profitable remains uncertain, especially in the face of mounting market losses and increasing regulatory pressure.
The post appeared first on CryptosNewss.com
#TRUMP #WLFI #WLFiToken $BTC