Recently, there has been growing speculation online regarding Crown Prince Mohammed bin Salman of Saudi Arabia potentially starting a strategic reserve with WLFI, the token for World Liberty Financial.
Rumors about the Reserve with WLFI
Rumors are circulating that Crown Prince Mohammed bin Salman intends to establish a strategic reserve using WLFI tokens through a sovereign wealth fund. Despite the widespread discussions, there has been no official confirmation from either the prince or World Liberty Financial.
Price Trends of WLFI
WLFI was launched on multiple exchanges just a few days ago, initially priced at $0.20, and quickly surged. In a very short time, the token recorded over 60 million percent in trading volume. However, following the initial excitement, the price has dropped by 4.13%, and it is currently trading at $0.219.
Current Market Situation
Market activity for WLFI has decreased by 64.45%, with trading volume at $1.19 billion. While there is potential for price increases to $1 or $2, especially considering its connection to the Trump family, these rumors remain unconfirmed.
Although rumors about a strategic reserve with WLFI are generating interest in the crypto community, no official confirmations have been made. The market awaits further news.