WLFI token could start trading in 6-8 weeks

Source Cryptopolitan

World Liberty Fi expects its native voting token WLFI to become tradable in 6-8 weeks, following a community vote. The token, which is held by whales and retail, will enter price discovery, gauging the success of the Trump family crypto fund. 

World Liberty Fi announced its native WLFI token will start trading within 6-8 weeks. Following a community vote to make the asset transferable and tradable, WLFI will start exploring exchanges. The voting period was opened on July 4, finally reaching the decision to make WLFI transferable to wallets and exchanges.

WLFI will prepare for trading after striking alliances with exchanges and adding strategic token unlocks. WLFI has only been transferable when sending transactions to selected counterparties during the presale.

WLFI tokens were distributed to 85,870 holders, including special partnerships and allocations to whales or funds. The WLFI community was somewhat disappointed that the trading period was pushed forward, instead of launching the token immediately. 

The community complained of an unnecessary waiting period that may decrease the demand for WLFI. The current market rally was seen as the ideal moment to launch WLFI, instead of waiting and exposing the token to more uncertainty.

The fund may also hold another presale round and increase the number of insider holders. Currently, the original multisig wallet still holds 40% of the token supply, and the final holding structure remains unknown. 

WLFI has limited mechanisms for price discovery, mostly relying on the Lbank pre-market trading. Currently, the token hovers around $0.76, with limited volumes of around $500K. 

WLFI remains a voting token for up to two more months

Before an eventual trading launch, WLFI remains a voting and governance token. World Liberty Fi has opened another direct buying page, offering WLFI at a discounted price. 

WLFI has a widely disparate price, trading at $0.22 on MEXC, only offering speculative trading as the tokens are not transferable. 

WLFI to start trading in 6-8 weeks after the community approval vote
WLFI traded as high as $0.76 on LBank and around $0.22 on Mexc, while still offering presale tokens at a discount. | Source: Lbank

WLFI holders can make proposals and vote. However, the new presale round has not been offered for a vote, and was announced with no community feedback. 

WLFI holders hope for minimal dilution, while envisioning prices as high as $1. Currently, WLFI has been traded unofficially, based on personal agreements. 

World Liberty Fi trades on the BNB Chain ecosystem

While WLFI stays unmoved in user wallets, World Liberty Fi is still a highly active trader. 

Following the latest operations, the platform carries over $201M in various crypto assets. The fund traded actively, interacting with protocols on Ethereum and BNB Smart Chain. World Liberty Fi uses wrapped versions of BTC and ETH for DeFi activities. The fund has divested most of its speculative altcoins. 

The other source of activity is the USD1 stablecoin, where most of the supply is minted for the BNB Smart Chain ecosystem. USD1 is held in over 221K addresses, surpassing even the reach of WLFI. The token supports an active meme ecosystem as a source of liquidity. 

World Liberty Fi directly trades with USD1, recently spending $200K equivalent on some of the top ecosystem tokens, including B, LIBERTY, EGL1, TAG, and BANK. 

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
Apr 23, Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRPRipple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
Author  NewsBTC
Jul 14, Mon
Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
placeholder
OpenAI Reportedly Exploring Share Sale at $500 Billion ValuationOpenAI is reportedly in preliminary discussions to launch a secondary share sale that would value the artificial intelligence firm at $500 billion, Bloomberg reported on Wednesday, citing sources familiar with the matter.
Author  Mitrade
Aug 06, Wed
OpenAI is reportedly in preliminary discussions to launch a secondary share sale that would value the artificial intelligence firm at $500 billion, Bloomberg reported on Wednesday, citing sources familiar with the matter.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
ANZ Raises Gold Price Forecast to $3,800/Oz, Predicts Rally to Continue Through 2026Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Author  Mitrade
Sept 10, Wed
Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
goTop
quote