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Tag: WLFI

  • Expert Predicts WLFI Going To $0 Without Sun’s Support, Panic Selling Looms

    The launch of the World Liberty Financial platform’s native token, WLFI, was anticipated as a significant event in the cryptocurrency market, especially with backing from the Trump family. 

    However, just a day after its debut, the token’s price plummeted, sparking intense speculation regarding its major investors, particularly Justin Sun, the founder of the Tron blockchain.

    Alleged Manipulation By Justin Sun

    Market expert Quinten Francois provided insights into the WLFI launch, which initially priced at $0.20, reaching a market capitalization of $1 billion. Despite the excitement surrounding the launch, which generated billions in trading volume, the token’s value continued to decline. 

    Interestingly, this downturn occurred even as the community seemed to hold onto their tokens rather than sell them. Francois speculated that exchanges might have offloaded part of their holdings, estimated at 2.8%.

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    Allegations have surfaced that Justin Sun engaged in dubious tactics by channeling WLFI through his exchange, HTX. He reportedly offered users a 20% annual percentage yield (APY) for depositing WLFI, allowing him to offload a significant portion of his own holdings under the guise of user staking. 

    Allegations suggest that this maneuver not only enabled him to profit from the situation but also that he intended to cover any withdrawals or sell-offs with his own tokens, further complicating retail investors’ returns.

    As Bitcoinist reported on Thursday, Sun’s alleged manipulation led to the freezing of his wallet address. As a result, there is growing concern among experts that WLFI could ultimately face a trajectory toward zero.

    Could The WLFI Price Plummet To Zero?

    In a recent social media post, user OxPunisher outlined the patterns of manipulation associated with Sun, referencing his history of questionable trades between 2018 and 2020, which reportedly resulted in $31 million in illicit profits. 

    This ongoing saga continued into 2024, when Sun withdrew $732 million worth of Bitcoin from USDD collateral, and in late 2024, he invested $30 million into WLFI just as the SEC paused his case, further raising alarms among investors.

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    The narrative surrounding WLFI appears precarious at best. The expert asserts that without Justin Sun’s liquidity strategies the token’s value could collapse. 

    Moreover, without the backing of high-profile figures like President Donald Trump, the narrative that initially attracted investors may lose its momentum entirely. 

    This situation has led OxPunisher to believe that this situation can result in panic selling and a shift toward safer investment options by the platform’s investors, which could further increase the WLFI’s sell-off and downtrend seen in the past few days.

    The 5-minute chart shows WLFI’s price trending downwards below the key $0.20 resistance. Source: WLFIUSDT on TradingView.com

    Featured image from DALL-E, chart from TradingView.com 

    Ronaldo Marquez

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  • WLFI Token Controversy: Justin Sun Denies Selling Rumors Following Address Blacklist

    Trump-backed DeFi project World Liberty Financial has blacklisted an address linked to Justin Sun after it reportedly transferred some of its WLFI tokens, sparking allegations of market manipulation.

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    World Liberty Financial Blacklists Justin Sun

    On Thursday, World Liberty Financial reportedly blacklisted the Tron founder’s address following his recent movements of his WLFI holdings and multiple online accusations that he was selling.

    According to Arkham data, Sun claimed 600 million WLFI tokens at the Token Generation Event (TGE), valued at $200 million at the time, as 20% of the 100 billion tokens were unlocked.

    The Tron founder was one of the earliest investors in World Liberty Financial in 2024 and was recognized as the top holder of US President Donald Trump’s official memecoin, TRUMP, earlier this year.

    On September 1, he shared his conviction on the token, affirming that WLFI “will be one of the biggest and most important projects in crypto.” He also stated that he had “no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission.”

    Nonetheless, multiple on-chain analysis platforms revealed that Sun had started to move his unlocked tokens, sparking rumors that he was selling. On-chain data showed that he had sent 4.9 million WLFI to crypto exchange HTX, owned by the Tron Founder, over the past two days.

    Sun reportedly transferred 50 million tokens, worth $9.12 million, to a new wallet on Thursday morning, “likely to be deposited into HTX.” Meanwhile, Wu Blockchain noted that over the past 32 hours, HTX address “HTX 48” transferred approximately 60,000,000 WLFI tokens to Binance deposit address 0xf387D7…29FcB5.

    Sun Denies WLFI Selling Accusations

    Following the $9 million move, “World Liberty Financial’s controlling address 0x407F…5178 called the guardianSetBlacklistStatus function on the WLFI Token contract, blacklisting the address 0x5AB2…DA74, which is associated with Justin Sun,” Wu Blockchain explained.

    WLFI’s controlling address blacklists Justin Sun-linked address. Source: Wu Blockchain on X

    The action froze Sun’s unlocked and 2.4 billion locked WLFI tokens. Tron’s founder responded to the accusations on X, stating that his address just conducted “a few test deposits on exchanges with very low amounts, followed by an address distribution.”

    He added that these tests “did not involve any trading activities and could not have impacted the market in any way,” but did not comment on the blacklist. At the time of writing, World Liberty Financial has not addressed the situation.

    WLFI’s Price Hits New Low

    The news comes as WLFI’s price struggles just three days after launching. Earlier today, the token hit an all-time low (ATL) of $0.16 before bouncing to the $0.18 mark. This performance represents a 20% decline over the past 24 hours and a nearly 45% drop from its all-time high (ATH) of $0.33.

    Market watcher Daan Crypto Trades noted that the cryptocurrency has broken down from a triangle formation, where the price was compressing for the past two days. According to the trader, WLFI saw a “quick acceleration as expected” and “even gave a nice retest before the continuation down.”

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    Meanwhile, analyst Ali Martinez suggested that te bottom might not be in, highlighting that the token now risks a 25%-50% drop after losing the $0.20 area as support.

    WLFI
    WLFI’s performance on the three-day chart. Source: WLFIUSDT on TradingView

    Featured Image from Unsplash.com, Chart from TradingView.com

    Rubmar Garcia

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  • Trump Family’s Crypto Token Just Made Them $5 Billion Richer

    The Trump family just became $5 billion richer (on paper) thanks to its latest crypto venture.

    The Trumps’ new digital currency WLFI began trading on Monday with about $1 billion worth of the tokens changing hands within an hour. Despite the token plunging in price on its first day of trading, the family gained as much as $5 billion in hypothetical wealth following the debut, the Wall Street Journal said in a report.

    The launch was sort of a crypto version of an initial public offering: early investors who bought the token from Trump’s venture World Liberty Financial were not able to sell any of it until Monday, when they got to do so with high premiums. The token is now available on major exchanges like Binance and Coinbase.

    The Trump family and other founders’ tokens still remain locked, but now that the digital currency is trading, those token holdings have real-world valuation. The Trump family, including the President, holds just under a quarter of all WLFI tokens, the WSJ reported.

    With its current valuation, WLFI is the Trump family’s most valuable asset, according to the WSJ, even more so than the property portfolio that the family was originally known for.

    But crypto is volatile and prone to crashes, and the value of the tokens can shift at any time.

    Monday’s news was just the latest in a string of major crypto wins that the President and his family have made headlines for in the past year. Simultaneously, over the past seven months, Trump has overseen deregulatory wins for the cryptocurrency industry that helped install him in office, all the while administration officials cast aside concerns over the ethics and legality of these conflicts of interest. 

    Trump’s burgeoning crypto empire

    Trump’s three sons, Donald Jr, Eric, and Baron, are listed as co-founders of World Liberty Financial, which launched the WLFI token. Trump is listed as “co-founder emeritus.”

    The Trump family launched the crypto venture almost exactly a year ago, in the midst of Trump’s very pro-crypto presidential campaign.

    The Trumps’ crypto firm also struck a massive deal last month to sell up to $1.5 billion WLFI tokens to a publicly traded fintech company called ALT5 Sigma, and to install Eric Trump as a board member at the fintech company. The deal also saw Zach Witkoff, World Liberty co-founder and son of Trump advisor Steve Witkoff, become the new chairman of ALT5 Sigma.

    The family and its related entities have also profited from $TRUMP, a Trump-backed memecoin that has seen its fair share of highs with $14.7 billion market capitalization right before the inauguration, and its fair share of lows with a $2 billion crash in July that wiped out more than $12 billion in market value.

    Investors in that memecoin were invited to a special dinner with the President at his golf club in Virginia in May, with the top investors getting invited to a separate VIP reception with Trump.

    Trump’s sons Eric and Donald Jr. also launched American Bitcoin earlier this year, which Eric claims is one of the “biggest Bitcoin mining companies on Earth.” That company plans to go public soon through a merger with the Nasdaq-listed Gryphon Digital Mining.

    How is this legal?

    According to a June 2025 ethics disclosure, Trump earned $57.4 million from his ownership of tokens tied to World Liberty Financial last year.

    He is also not the only high-ranking person in his administration with a vested interest in the future of cryptocurrency: Trump’s vice president JD Vance said at a crypto conference in May that he holds “a fair amount of bitcoin,” before adding that he was “eliminating the rules, the red tape, and the lawfare that we saw aimed at crypto” by previous administrations.

    Under the Trump administration, a previously aggressive SEC has now turned into one that openly embraces cryptocurrency. Some enforcement actions against crypto firms like Coinbase, Crypto.com, and Kraken were dropped. Trump himself spearheaded and signed into law legislation that legitimized stablecoins just a couple of months after World Liberty Financial debuted its own stablecoin USD1.

    White House press secretary Karoline Leavitt has pushed back on anyone claiming Trump’s crypto deals pose a conflict of interest. But it’s hard to deny that Trump and his family have indeed benefitted massively from the administration’s regulatory push to legitimize cryptocurrency in the mainstream financial system, and now they have another $5 billion (on paper) to show for it.

    Ece Yildirim

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  • ‘Well, It’s Crypto, It’s AI, It’s Some Of The Other Things,’ Says Donald Trump, Unsure Of What His New Crypto Project Even Is

    ‘Well, It’s Crypto, It’s AI, It’s Some Of The Other Things,’ Says Donald Trump, Unsure Of What His New Crypto Project Even Is

    ‘Well, It’s Crypto, It’s AI, It’s Some Of The Other Things,’ Says Donald Trump, Unsure Of What His New Crypto Project Even Is

    After calling Bitcoin a “scam,” Donald Trump has entered the cryptocurrency market, but his new remarks raise questions about whether he truly understands the field he’s entering. The former president and his three sons have launched World Liberty Financial (WLFI), a new cryptocurrency aimed at making the United States the “crypto capital of the world.”

    But his ambiguous and frequently perplexing remarks regarding the initiative have made people wonder if he understands what he’s advocating.

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    “Crypto is one of those things we have to do,” Trump stated, before veering off into a ramble that included references to artificial intelligence and high-tech jargon. “Whether we like it or not, I have to do it … It’s crypto, it’s AI, it’s some of the other things,” he said, leaving many listeners scratching their heads.

    See Also: Dogecoin millionaires are increasing – investors with $1M+ in DOGE revealed!

    This confusing rhetoric marks a stark departure from Trump’s previous stance on digital assets. Just a few years ago, he condemned Bitcoin as a threat to the U.S. dollar and warned of its use in illegal activities. But according to his most recent financial form, since declaring his candidacy for president again, Trump has allegedly invested between $1 and $5 million in Ethereum in addition to accepting millions of dollars in cryptocurrency donations.

    WLFI is being promoted as a stablecoin pegged to the U.S. dollar, supposedly offering a solution to the volatility that plagues other cryptocurrencies. The project has been spearheaded by Trump’s sons, Eric and Donald Trump Jr., who have positioned it as a way for ordinary Americans to reclaim financial power from traditional banks.

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    On the other hand, critics argue that there are potentially many conflicts of interest in this venture, especially if Trump is reelected and uses his executive power to deregulate the cryptocurrency market, which some people expect him to do and which would, at the same time, benefit his family’s company.

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    According to Bloomberg, the project’s key dealmaker, Chase Herro, has a dubious past that includes promoting questionable products and making ethically questionable statements like “If you do this right, who f—ing cares if it goes to zero.” In a 2018 YouTube video, he boasted about being able to sell “shit in a can, wrapped in piss, covered in human skin, for a billion dollars if the story’s right.”

    While Trump and his team promote WLFI as a stable financial tool, past events tell a different story. The crash of the Terra-Luna stablecoin wiped out nearly $2 trillion from the crypto market, causing huge losses for many investors. On top of that, stablecoins have been tied to money laundering and other illegal activities, making people cautious about using them widely.

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    This article ‘Well, It’s Crypto, It’s AI, It’s Some Of The Other Things,’ Says Donald Trump, Unsure Of What His New Crypto Project Even Is originally appeared on Benzinga.com

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