CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring

September 1, 2025
in Trading
Reading Time: 3 mins read
A A
0
Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
0
SHARES
5
VIEWS
ShareShareShareShareShare
Stake

Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours.

According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges.

Notably, this rush of activity spilled over into the broader market.

According to Milk Road data, Ethereum gas fees, which hovered near zero before the token’s debut, surged to more than 60 gwei as traders competed to settle WLFI transactions on the chain.

Ethereum Gas Fees
Ethereum Gas Fees (Source: Milk Road)

This spike highlighted how much interest the Trump-linked token has generated among retail traders and institutions.

WLFI token

In a Sept.1 blog post, the World Liberty Financial team stated that the launch introduced more than 24.6 billion WLFI into circulation.

Out of this supply, about 10 billion tokens were retained by the project’s parent company, World Liberty Financial, Inc. Another 7.78 billion tokens were assigned to Alt5 Sigma Corporation, giving it close to eight percent of the total supply as part of its treasury strategy.

NemoNemo

Nearly 2.9 billion tokens were directed toward exchange activity to maintain liquidity and support early marketing. At the same time, more than 4 billion were distributed to public sale participants with an initial 20 percent unlocked at launch.

The team stated that the remaining 76 billion tokens are “subject to vesting schedules or are otherwise locked.” These tokens belong to its strategic partners, the project’s team, and its treasury.

Trump Jr. framed the token as central to the project’s long-term mission, emphasizing that WLFI is designed as a governance layer rather than a speculative instrument.

Meanwhile, Tron founder Justin Sun, who publicly aligned himself with the project, reinforced this position by pledging not to sell his unlocked holdings.

He also announced that to mark the launch, USD1 circulation on Tron would expand to $200 million, linking the success of WLFI with broader stablecoin growth on his blockchain.

Mentioned in this article

Credit: Source link

RELATED POSTS

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

How crypto derivatives liquidation drove Bitcoin’s 2025 crash

XRP defies bearish sentiment with active ledger and ETF inflows

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

ChainGPT Pad Unveils Buzz System: Turning Social Hype Into Token Allocation

Next Post

Gala Games Concludes ‘Humble Beginnings’ Event with Adventurous Success

Related Posts

Can US-Iran new peace deal signal keep Bitcoin above $70,000?
Trading

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
How crypto derivatives liquidation drove Bitcoin’s 2025 crash
Trading

How crypto derivatives liquidation drove Bitcoin’s 2025 crash

December 26, 2025
XRP defies bearish sentiment with active ledger and ETF inflows
Trading

XRP defies bearish sentiment with active ledger and ETF inflows

December 5, 2025
Next Post
Gala Music Unveils NxWorries Mystery Box Featuring Exclusive Content

Gala Games Concludes 'Humble Beginnings' Event with Adventurous Success

‘Killing Satoshi’ Film Sets 2026 Release as Doug Liman Leads Bitcoin Mystery Thriller

‘Killing Satoshi’ Film Sets 2026 Release as Doug Liman Leads Bitcoin Mystery Thriller

Recommended Stories

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Can US-Iran new peace deal signal keep Bitcoin above $70,000?

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Huobi to Discontinue Cloud Wallet Service in May 2023

    0 shares
    Share 0 Tweet 0
  • Bitcoin Rejected at $29K, Arbitrum’s ARB Dumps 20% Daily: Weekend Watch

    0 shares
    Share 0 Tweet 0
  • FTX and Entertainment Giant Dolphin to Launch NFT Marketplace – Bitcoin News

    0 shares
    Share 0 Tweet 0
  • Privacy Is Key for Successful Digital Euro, Data Protection Body Says – Regulation Bitcoin News

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.