The WLFI token, linked to the Trump family, started trading today at 8:00 AM ET, causing significant activity on crypto exchanges.
Surge in WLFI Trading Volumes
According to CoinGlass, the trading volume for WLFI derivatives surged by over 530%, reaching over $4.6 billion on Sunday. Open interest also increased by over 60%, now around $941 million.
Token Debut on Major Exchanges
Binance recorded the highest transactions in WLFI derivatives, exceeding $2.21 billion in the last 24 hours. OKX and Bitget reported volumes of $924 million and $648 million respectively.
Statements and Plans of the WLFI Project
The WLFI project announced today the unlocking of 20% of tokens purchased in early funding rounds through the 'Lockbox' process. Plans for a USD1 stablecoin backed by the dollar are also underway.
The WLFI token trading has commenced with significant activity on crypto exchanges. Investors are keenly observing the project’s developments and its stablecoin.