Unforeseen Launch of a $40 Billion Cryptocurrency Tied to Trump Makes an Appearance, Amidst Bitcoin Forecasts Surpassing $1 Million in Value
In a significant move for the cryptocurrency market, World Liberty Financial's WLFI token is about to enter the open market. The company, backed by the Trump family, has announced that official trading will commence on September 1, 2025.
The WLFI token sale was first announced by Donald Trump on his Truth Social account in October 2021, during the run-up to the election. The token was initially sold to investors as a governance cryptocurrency that couldn't be traded. However, a vote of WLFI holders in July overturned the trading ban.
World Liberty Financial raised $250 million in its second token sale in March, bringing the total amount of WLFI sold to $550 million. The WLFI market has a fully diluted value of around $40 billion, based on the token's total supply of 100 billion.
The WLFI token will be listed on major exchanges such as Binance, Gate, and MEXC. The token's price has been set at $0.44 for its initial trading.
Eric Trump, a key figure in the Trump family's cryptocurrency ventures, has expressed his belief that bitcoin could go beyond $1 million. He made this prediction at a conference, where his father, Donald Trump, also expressed his belief that bitcoin will reach $1 million and potentially go higher.
The bitcoin price rally has been largely attributed to U.S. president Donald Trump's support. In fact, Eric Trump's son issued a $1 million bitcoin price prediction, adding to the optimism surrounding the cryptocurrency market.
The Trump family's involvement in the cryptocurrency market doesn't end with World Liberty Financial. American Bitcoin, a bitcoin mining company backed by the Trump family, will start trading on the Nasdaq in September. Eric Trump is also set to join ALT5's board.
ALT5 Sigma, a Nasdaq-listed company, announced it would create a $1.5 billion WLFI treasury. This move is expected to further boost the WLFI token's potential.
Celebrities have also been piling into the bitcoin market. In August, bitcoin's price topped $124,000 per bitcoin, but has since plunged. Despite the volatility, the cryptocurrency market continues to attract investors, with the combined crypto market doubling over the last 12 months to $4 trillion for the first time.
As World Liberty Financial prepares to release its WLFI cryptocurrency onto the open market, the stage is set for an exciting development in the world of cryptocurrencies. With the Trump family's backing and the optimism surrounding bitcoin, the WLFI token could potentially make a significant impact in the market.
