World Liberty Financial officially allows spot trading for the WLFI Token, expected to rise sharply compared to the ICO price.
The WLFI Token issued by World Liberty Financial will officially open for trading, with predictions of an increase of nearly 800% from the initial price of 0.015 USD. This event marks an important milestone for this DeFi project.
MAIN CONTENT
World Liberty Financial approves spot trading for the WLFI Token with a support rate of over 99%.
WLFI is a governance token, issuing 100 billion Tokens, having raised 715 million USD from major funds.
The price forecast for WLFI could reach 0.13 USD, equivalent to an increase of about 767% from the initial ICO price.
How did World Liberty Financial approve spot trading for the WLFI Token?
The decision to open spot trading for the WLFI Token was passed with a support rate exceeding 99%, demonstrating strong consensus from the investment community.
The voting took place from July 9 with an overwhelming result, paving the way for the official launch of the WLFI Token on exchanges.
This level of support shows a strong trust from the community in the development strategy of World Liberty Financial.
Representative of World Liberty Financial, July 2024
What is WLFI tokenomics and what is the next step for the project?
WLFI is the governance token of World Liberty Financial, a DeFi project launched in 2023, modeled after the lending and borrowing system of Aave.
The project successfully raised 715 million USD from DWF Labs, Aqua, and especially from Tron with an investment of 52.5 million USD from founder Justin Sun.
WLFI has a total supply of 100 billion Tokens, of which 20 billion Tokens were sold at a price of 0.015 USD/Token in the ICO in October 2024, creating a fully diluted valuation of 1.5 billion USD.
The ecosystem and products have been developed
World Liberty Financial has established partnerships with many industry names and launched products such as stablecoin USD1 and the memecoin platform 1776.Meme.
After spot trading is activated, a portion of the Token sold to initial investors will be unlocked, while the remainder will be decided by the community according to the distribution schedule.
“The remaining portion of the Token will be subject to a second vote by the community to determine the unlocking and issuance schedule.”
Official announcement from World Liberty Financial, July 2024
The role of the WLFI Token in the community and ecosystem
In addition to being a governance token for voting on proposals, WLFI is also applied within the broader ecosystem of the project, especially on the memecoin platform 1776.Meme.
What is the expected value of the WLFI Token after spot trading opens?
According to predictions on the Polymarket platform, the price of WLFI after spot trading could reach a valuation of around 13 billion USD, equivalent to a price of 0.13 USD per Token.
This means an increase of approximately 767% from the ICO price of 0.015 USD/Token, nearly a 9-fold increase. However, price volatility in the early trading phase still has many uncertain factors.
ICO Price Target (USD/Token) Expected Price (USD/Token) Expected Increase Rate Fully Diluted Market Cap (USD) WLFI Token 0.015 0.13 767% 13 billion
Frequently Asked Questions
What is the WLFI Token and what role does it play in the project?
WLFI is the governance token of World Liberty Financial, used to vote on development and operational decisions within the project's ecosystem.
Who has made significant investments in the WLFI project?
The most notable investment is Justin Sun, the founder of Tron, with a contribution of 52.5 million USD and a political supporter of the project.
How much initial capital has World Liberty Financial raised?
The project has raised 715 million USD from funds like DWF Labs, Aqua, and support from Tron and other partners.
When will the WLFI Token officially start spot trading?
The spot trading of the WLFI Token was approved in July 2024 and will be launched soon as announced by the project.
Could the price of WLFI rise sharply in the near future?
According to analysis and predictions on Polymarket, the Token price may increase up to 8.7 times compared to the ICO, approximately 0.13 USD/Token.
Source: https://tintucbitcoin.com/wlfi-token-world-liberty-duoc-phep-giao-dich/
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