Daijiworld Media Network- New York
New York, Sep 1: While US markets remain closed for Labor Day, crypto traders will get their first chance to buy and sell WLFI, a governance token linked to World Liberty Financial and endorsed by former President Donald Trump and his family.
Early investors can sell only 20% of their holdings, with the remainder remaining non-tradable. At a pre-market price of 30 cents, the token’s market capitalization would place it among the top 45 cryptocurrencies. Analysts say the float-management tactic reduces early sell pressure and keeps prices stable.
WLFI is part of the Trump family’s growing suite of crypto ventures, which includes a stablecoin, Bitcoin mining, and digital-asset funds. The family holds a significant stake, with DT Marks DEFI LLC, tied to the president and his family, controlling 38% of WLF Holdco and 22.5 billion WLFI tokens. The entity collects 75% of token sale proceeds.
Smaller retail holders plan to sell once prices reach 47 cents, while larger holders aim for $1 or more, according to a WLFI Discord survey. Many are eyeing personal purchases, from luxury cars to cruises, from their token profits.