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- Trump’s WLFI token sales hit $550M, because why not? 💰
- A test transfer of WLFI tokens has everyone guessing: Is Trump gearing up for a crypto presidency? 🎰
In a world where reality often outpaces satire, President Trump’s World Liberty Financials (WLFI) has somehow managed to rake in $550M in token sales. Yes, you read that right. Half a billion dollars. For tokens. Because apparently, the world needed another crypto project with a billionaire’s name attached to it. 🚀
The first round of sales brought in $300M, and the second added another $250M, pushing the project’s valuation to a staggering $5 billion. According to ICO Drops, this is not a drill. Or maybe it is. Who knows anymore? 🤷♂️
Zach Witkoff, WLFI’s co-founder, waxed poetic about the project’s potential to “supercharge DeFi.” Because, of course, what DeFi really needed was a Trump-branded boost. 🦅
“This milestone proves that those who truly understand crypto and finance recognize what we’re building — and that WLFI is on track to supercharge DeFi as it transforms global finance in the coming years.”
What’s next for WLFI? Well, they’ve been cozying up to protocols like Ethena, Ondo Finance, Aave, and Sui. Because nothing says “innovation” like a project built on Aave V3, complete with lending and borrowing. Riveting. 🥱
Their “Macro Strategy” is a diversified reserve approach, holding tokens like BTC, ETH, TRX, LINK, SUI, and ONDO. The team claims this portfolio will fund startups within the ecosystem. Or maybe it’s just a fancy way of saying they’re hoarding crypto. 🤔
“The Macro Strategy may be used in part to enable WLFI to fund innovative projects, support ecosystem growth, and create new opportunities within the rapidly evolving DeFi landscape.”
WLFI’s backers include Oddiyana, Web3Port, and Justin Sun’s Tron. Sun, the crypto world’s favorite enigma, invested $30M in WLFI tokens last November and upped his stake to $75M by January 2025. Coincidentally, this happened around the time the Biden-era SEC dropped charges against TRON and Sun. Totally unrelated, right? 😉
As for the WLFI token, it’s still not on public exchanges. But a recent test transfer of 47 WLFI tokens has the crypto community buzzing. Some speculate it’s a nod to “President 47” (Trump). Others think it’s just a random number. Either way, the circus continues. 🎪
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2025-03-19 08:10