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Trump-Linked WLFI Token Spikes on Debut Then Slides in First-Day Trading

A tightly controlled float concentrated gains with the Trump family claiming most proceeds.

Overview

  • WLFI briefly traded near $0.40 before falling toward $0.23 on day one, implying a peak market value around $6 billion, according to CoinMarketCap data.
  • Donald Trump’s personal holdings exceeded $3.6 billion on paper at the high, the Financial Times reported.
  • Early non‑founder investors were allowed to sell up to 20% of their tokens after buying at about 1.5 cents, while Trump family members remain restricted from selling.
  • Trading opened on Binance, OKX and Bybit after WLFI’s initial use as non‑tradable, voting‑style tokens left only a limited free float.
  • World Liberty Financial says the family is entitled to 75% of token‑sale proceeds, prompting conflict‑of‑interest criticism and renewed scrutiny of reported Binance links to its USD1 stablecoin.