【Which cryptocurrencies has Trump's WLFI project invested in? Has it made money?】
The Trump family is getting into crypto, with a $500 million bet. What was the result?
While selling the WLFI token, they are also being questioned about insider trading and market manipulation!
Let's dig into this explosive project:
1. WLFI Project Overview
WLFI is backed by the Trump family and was established in September 2023.
In just a few months, it raised $550 million through token sales!
However, $WLFI is currently non-circulating and cannot be traded, only held internally.
2. What is the funding used for?
WLFI has heavily invested in USDC (stablecoin), WBTC (Bitcoin), ETH (Ethereum), and has also bet on emerging tokens like SEI, AVAX, TRX, MOVE, ONDO, etc.
3. How is the investment performance?
WBTC, SEI, AVAX have made profits!
ETH, MOVE have suffered heavy losses! MOVE's loss exceeds 50%,
Overall, there is an unrealized loss of $4.28 million!
4. Others
WLFI has also created its own stablecoin USD1, which is now listed on a small exchange.
DWF Labs has invested $25 million in WLFI, promising to provide $150 million in liquidity support.
WLFI Address: https://intel.arkm.com/explorer/entity/worldlibertyfi