World Liberty Financial launches token WLFI, achieving an impressive market capitalization
The DeFi project #WorldLibertyFinancial , backed by President Trump, has officially launched the WLFI token on the Ethereum network. Immediately, WLFI became one of the largest cryptocurrencies by market cap, with a value of approximately 7.6 billion USD, ranked 30th on CoinGecko.
Huge profits for early investors
Those who bought $WLFI during the early sale at a price of 0.015 USD per token have realized profits of over 1,700% when the price of this token reached approximately 0.265 USD on the first trading day. However, the market also witnessed over 12 million USD in leveraged positions being liquidated, indicating the strong volatility of this new token.
Goals and vision
According to Donald Trump Jr., co-founder of the project, WLFI is not a memecoin but the "backbone governance of a truly decentralized ecosystem" aimed at changing the way currency moves. World Liberty Financial positions itself as a decentralized crypto lending and borrowing service. This project has also launched the stablecoin $USD1 , which is currently the sixth largest stablecoin in the world.
With President Trump publicly supporting and profiting from crypto projects, the launch of WLFI has attracted the attention of the American political sphere, creating a new breeze for this industry. #anh_ba_cong