Donald Trump’s crypto initiative, World Liberty Financiate, was published on September 1 with a market valuation of over $7.4 billion, causing heavy trading during opening hours.
According to data from CoinMarketCap, WLFI rose 13% to $0.2525 shortly after its launch, but its trading volume is already above $1.8 billion in centralized and decentralized exchanges.
In particular, this rush of activity has spread to the wider market.
According to data from Milk Road, Ethereum gas prices hovered near zero before the token debut surged to GWEIs of over 60 as traders competed to resolve WLFI trading in the chain.
The spike highlighted how much interest the Trump-linked tokens have been among retailers and institutions.
WLFI token
In a blog post on September 1, the World Liberty Financial team said that the launch had introduced 24.6 billion WLFIs into distribution.
Of this supply, approximately 10 billion tokens were held by the project’s parent company, World Liberty Financial, Inc. Alt5Sigma Corporation was allocated another 7.788 billion tokens, giving nearly 8% of the total supply as part of its financial strategy.
Approximately 2.9 billion tokens have been directed towards exchange activities to maintain liquidity and support early marketing. At the same time, the first 20% was unlocked at launch, with over 4 billion people being distributed to public sales participants.
The team said the remaining 76 billion tokens are “are covered on the best schedule or otherwise locked.” These tokens belong to the strategic partners, project teams, and the Ministry of Finance.
Trump Jr. assembled the token as the center of the project’s long-term mission, highlighting that WLFI is designed as a governance layer rather than a speculative instrument.
Meanwhile, Justin Sun, the founder of Tron, who publicly aligned himself with the project, strengthened this position by pledging not to sell unlocked holdings.
He also announced that to mark the launch, Tron’s USD1 distribution will expand to $200 million, combining WLFI’s success with the growth of broader Stablecoin on his blockchain.
