The WLFI crypto project, backed by President Donald Trump, has recently been approved for spot trading on major exchanges following a 99% community vote.
Trump's Support and Community Vote
WLFI was approved for spot trading after a community vote initiated on July 9. In reaction to the vote, the project team described the outcome as 'overwhelming', confirming that a full-scale launch would take place 'soon'.
General Information on WLFI and Investments
Launched in 2024, WLFI offers crypto lending and borrowing services akin to Aave. It raised $715 million from notable investors, including DWF Labs and Tron, with Tron founder Justin Sun investing $52.5 million.
Future Prospects of WLFI Token and Valuation
WLFI will have a total supply of 100 billion tokens. During the initial public token sale, 20 billion tokens were sold at $0.015, leading to a project valuation of $1.5 billion. Predictions suggest its valuation could reach $13 billion, with a token price of $0.13.
With support from influential political figures and significant financial backing, WLFI has the potential to become a unique project at the intersection of crypto, finance, and politics.
