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WLFI Unlock Turns Trumps Into Crypto Billionaires
Hey crypto trailblazer, 👋
Fireworks in crypto-land as a Trump-connected token unlock set off a major market reaction. Let’s unpack what just happened and what it means.
🪂 Token Unlock Sends Trump Holdings Soaring
The Trump family’s World Liberty Financial (WLFI) token recently unlocked 24.6 billion tokens, instantly valuing their holdings at around $5 billion.
That marked the first time these founder tokens entered the circulating supply, briefly pushing the price to $0.40 before settling back to about $0.21.
To put it in perspective, WLFI’s fully diluted market cap now exceeds $30 billion, with founders including Donald Trump Jr., Eric Trump, and the president owning much of that upside.
Why it matters: This is a reality check on how crypto unlocks can shift value overnight, substantially enriching insiders on paper.
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🏛 Transparency or Conflict? Mixed Reaction to WLFI Launch
The token launched in a manner similar to a mini-IPO, granting early liquidity while retaining lockups for the Trump family’s remaining WLFI.
Analysts estimate the family’s overall crypto-related holdings now top $6 billion.
Lawmakers are raising concerns about conflicts of interest given that the Trump family’s crypto ventures are debuting while Trump leads crypto policy.
This launch shows crypto’s messy intersection with politics, power, and policy. Wealth creation was front-and-center, but governance and ethics matter too.
Stay epic,
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.
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