The token of the cryptocurrency project associated with U.S. President Donald Trump will begin trading on major exchanges within approximately two months.
One of the most talked-about projects in the cryptocurrency market, World Liberty Finance, has finally provided the long-awaited good news. The transferability of the platform's own token, WLFI, has been approved, and it was noted that a process of about 6 to 8 weeks is required for the token to be fully activated.
The project's team emphasized in a statement made via social media that this waiting period is not due to delays, but rather the completion of major agreements that could change the future of WLFI. The team, which is preparing for listings they define as 'epic' on major cryptocurrency exchanges, is also creating necessary plans to ensure the fair distribution of the tokens.
Valuation of 16 billion dollars!
On the other hand, although the WLFI token has not officially launched yet, it has already reached a significant market value. According to Galaxy's cryptocurrency analyst Thaddeus Pinakiewicz, WLFI is priced at approximately $0.16 in pre-market transactions. Based on this value, the fully diluted market capitalization of the token reaches 16 billion dollars, thus placing it in the 11th largest cryptocurrency position.
In a vote conducted by the World Liberty team, the transferability of the token was accepted by the community with a record rate of 99.94%. The project raised approximately 550 million dollars by selling 25 billion WLFI.
