Trump Family's Crypto Venture Boosts Wealth and Trading Volume
TL;DR Summary
World Liberty Financial proposes using 100% of protocol fees to buy back and burn WLFI tokens to reduce supply and support the token's value, amid a 30% decline after launch and a large token unlock increasing circulating supply and holdings. The initiative aims to strengthen long-term holder confidence, but uncertainties remain about fee amounts and contingency plans.
Topics:top-news#business#crypto-market#decentralized-finance#token-burn#wlfi#world-liberty-financial
- Trump project floats token burning as WLFI dips 30% after launch Cointelegraph
- Trump Family Amasses $5 Billion Fortune After Crypto Launch - WSJ The Wall Street Journal
- Trump Family’s Paper Wealth Swells By $6B On WLFI Trading Debut: WSJ Yahoo Finance
- Trump Family Profits Even With Tepid Launch of Crypto Tokens The New York Times
- WLFI derivatives volume jumps 400% ahead of World Liberty's first token unlock on Monday The Block
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