
Trump-Linked Crypto Token Launches with $30B Valuation, Faces Early Sell-Off
The Trump family-backed World Liberty Financial (WLFI) token debuted on major exchanges, including Binance and Coinbase, at over $0.30. This price gives the project a massive fully diluted valuation exceeding $30 billion.
However, the launch was immediately met with significant selling pressure. Blockchain data reveals that three early presale wallets dumped 160 million tokens (worth $51.2 million) onto the market shortly after trading began.
Despite the sell-off, the token secured high-profile listings. Only about 25% of the total 100 billion token supply is currently in circulation, with the majority locked for the team, treasury, and partners, subject to future vesting periods.