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Tag: World Liberty Financial

  • Pump.fun, Trump-Backed DeFi, Dominate 2025’s Biggest Token Sales

    Pump.fun led 2025 token sales, after raising $600 million in minutes, while Trump-backed World Liberty Financial followed with $550 million.

    Pump.fun topped the largest token sales of 2025, as it raised $600 million. The Solana-based meme coin platform completed its PUMP token sale on July 12.

    Interestingly, the offering sold out in roughly 12 minutes.

    Largest Token Sales of 2025

    The sale followed a revision to the public allocation, which was reduced to 12.5% of the total 1 trillion token supply, after 18% had already been distributed through a prior private sale. Participation required KYC verification. According to the project, the token launch is tied to Pump.fun’s strategy to expand into on-chain social and live-streaming use cases.

    The remaining supply is distributed across team allocations, ecosystem and community incentives, liquidity, investor allocations, and foundation and streaming-related funds.

    According to CryptoRank’s compiled data, the second-largest raise came from World Liberty Financial (WLFI), a DeFi project backed by US President Donald Trump, which has raised around $550 million since launching its public token sale. The most recent round concluded in March and covered 25% of WLFI’s 100 billion token supply.

    WLFI co-founder Zak Folkman has said that approximately 63% of the total supply is intended to be sold to the public over time, which means that further sales may follow as the project continues its roll-out.

    Outside the top two, capital inflows were more fragmented but still significant across projects. For instance, Layer 1 blockchain Monad ranked third with $217 million raised. The network went live on November 24 and was accompanied by an airdrop of its MON token. While MON has a total supply of 100 billion tokens, only about 10.8% is currently unlocked and circulating.

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    Other Blockchain Token Sales

    “High-performance” Ethereum scaling solution, MegaETH, followed with $78 million. The Layer 2 is backed by investors including Dragonfly Capital and Ethereum co-founder Vitalik Buterin.

    Privacy infrastructure also featured prominently. Aztec Network, for one, secured $52 million for its zero-knowledge-based Ethereum Layer 2. Plasma, a stablecoin-focused blockchain designed to combine Bitcoin’s security with Ethereum Virtual Machine (EVM) compatibility, raised $50 million, supported by investors such as Founders Fund, Framework Ventures, and Bitfinex.

    Rounding out CryptoRank’s top 10 were Gensyn with $16 million, Solayer with $10.5 million, Sahara AI with $8.5 million, and Lombard with $6.7 million.

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    Chayanika Deka

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  • Trump Is Launching a Crypto Debit Card

    After a stablecoin, digital token, a couple of memecoins, and a bitcoin mining platform, the Trump family is now looking to expand their crypto empire with a debit card.

    The family’s crypto venture World Liberty Financial is launching a debit card as early as this year. Trump’s sons, Donald Jr., Eric, and Barron, are all listed as active co-founders of the venture, while the President was “co-founder emeritus” until he took office.

    “We are definitely rolling out a debit card that’ll bridge … crypto assets with everyday spending … we’ll be rolling out a pilot program here in the next quarter, and that debit card will either be live (in) Q4 or Q1 26,” CEO Zach Witkoff said at a crypto conference in Singapore on Wednesday, with co-founder Donald Trump Jr. by his side. Zach’s father is Steve Witkoff, Trump’s special envoy to the Middle East, Russia negotiator, and all-around fixer.

    Crypto debit cards are not a new concept. The world’s two largest payment networks, Visa and Mastercard, both offer crypto-linked cards in partnership with various crypto trading platforms. They have interesting tax implications, though: every single transaction you make is subject to taxes (no matter how small), but you can also end up with tax write-offs. If the fair market value of your cryptocurrency is lower than it was at the time you purchased it, users can claim a capital loss to reduce taxes for the year. That’s not a far-off reality, considering how volatile cryptocurrency tends to be.

    World Liberty Financial has been around for a whole year now to advance its stated goal of “decentralizing finance,” aka getting intermediaries like banks out of the way so financial transactions can be conducted with less oversight.

    Crypto is usually under more regulatory scrutiny, but that was then, and this is now. Ever since Trump took office, he has made it a mission to legitimize cryptocurrency’s place in the American financial system.

    Under Trump, the once-strict Securities and Exchange Commission is now unveiling crypto regulation and projects to make the United States “the crypto capital of the world.” Some enforcement actions against crypto companies like Coinbase, Crypto.com, and Kraken were dropped. And, in response, the industry is generally back to operating as if the good times will never end.

    Trump also spearheaded legislation that legitimized the role of stablecoins and signed it into law in July, just a couple of months after his family’s crypto venture debuted its own stablecoin USD1.

    “My father was the first guy to run as sort of a pro-crypto president,” Donald Trump Jr. said at the conference on Wednesday.

    Even though Trump was once a crypto-skeptic himself, his newfound belief —and the regulatory power to complement it— only made his family richer than ever.

    Since World Liberty Financial’s launch, the Trump family has made around $500 million from that project alone, according to Reuters calculations. Trump and his sons’ stake in World Liberty Financial hit $5 billion after the company’s digital currency began trading earlier last month.

    Ece Yildirim

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  • 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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  • ‘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.

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    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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