Original Author: Golem Reposted by: Daisy, Mars Finance
Original Title: Trump Family's "Crypto ATM" Restarts: WLFI Unlocking Countdown, Will 1.89 Billion USD Holdings Crash the Market?
This morning, the Trump family's crypto project World Liberty Financial (WLFI) posted that a major announcement is imminent and hinted at token transfer initiation. The community's enthusiasm for WLFI has surged again, exclaiming "something big is coming".
In mid-June, market rumors suggested WLFI would start circulation early, as the project removed the 12-month mandatory lock-up clause on its official website and added a "company can modify and update terms of service" statement. Influenced by this news, WLFI's off-market price once rose to $0.15, a 10-fold increase from the first round's presale price ($0.015), currently falling back to around $0.12.
With WLFI's imminent launch, its potential price has become a widespread market concern. Odaily will review WLFI's tokenomics and analyze its potential price and selling pressure based on holding data for readers' reference.
WLFI Presale Review, Total Fundraising Exceeds $550 Million
WLFI's total supply is 100 billion tokens, currently all locked. WLFI has gone through three presale rounds with the following details:
The first presale round started in October 2024 at $0.015 per token, with 20 billion tokens (20% of total supply). The first round progressed slowly due to market FUD, but after Trump's token launch, WLFI's popularity gradually increased, ultimately selling 20 billion WLFI tokens by January 20, 2025, raising $300 million.
After the first round, WLFI immediately launched the second presale at $0.05 per token, with 5 billion tokens (5% of total supply). The second round sold out on March 14, 2025, raising $250 million.
The first two presale rounds were public, while the third round was for institutions, priced at $0.1 per token. It's known that on April 9, DWF Labs purchased 250 million WLFI tokens for $25 million, and a whale subsequently bought 800 million WLFI tokens for $80 million on June 4 and June 12, initially thought to be B2C 2 Group but later debunked.
Based on public information, WLFI sold 26.05 billion tokens through three presale rounds, representing 26.05% of total supply. However, as the third round was not public, actual presale data may vary.
WLFI Holding Data and Selling Pressure
Of the 1 billion WLFI tokens, excluding the 26.05% presold, 739.5 million (73.95%) remain "unaccounted for".
According to the White House's Trump 2025 financial disclosure (as of January 2025), Trump holds 15.75 billion WLFI tokens through an ETH wallet, representing 15.75% of total supply. The financial document valued this at $1,000-$15,000, but at the current off-market price of around $0.12, it's worth approximately $1.89 billion.
Another significant WLFI holder is Justin Sun. Between November 2024 and January 2025, Sun invested $75 million in WLFI through HTX-related addresses and TRON DAO. According to public information, he currently holds 3 billion WLFI tokens, representing 3% of total supply.
On-chain data shows 85,870 addresses hold WLFI tokens. Crypto blogger @pow_fan analyzed user investment tiers, though data is from May 27, it remains relevant, with himself purchasing $1.91 million in WLFI tokens.
As shown, addresses purchasing $0-1,000 total 66,910, representing 77% of total purchase addresses but only 2% of total purchase quantity. Even if these entirely circulate, they'll have minimal market impact. Addresses investing over $1 million, though only 64 in number, represent 56.4% of purchase quantity.
WLFI Token Selling Pressure
The data reveals WLFI is a token highly concentrated among large holders, which can be an advantage for price support but could instantly pressure the market if sold, with retail investors bearing the brunt.
Circulation volume determines selling pressure. WLFI hasn't announced its token release strategy. Considering an extreme scenario of full release, potential sellers include Trump (15.75% holder), Justin Sun (3% holder), and institutions like DWF Labs (0.25% holder).
Justin Sun is unlikely to sell WLFI. Despite previous habits of selling tokens, this was typically after achieving his goals. His WLFI purchase aims to demonstrate loyalty to the Trump family and facilitate Tron's US compliance and listing. Before achieving this, he's likely to avoid angering the Trump family.
Real selling pressure will likely come from Trump and institutions. Trump, as the largest holder, represents the biggest potential sell-off. The crypto industry has been treated as a "cash machine" by the Trump family, with users tolerating this due to his perceived "value" to the crypto sector. If the 15.75% of tokens quietly enter the market, it could deal a heavy blow, potentially replicating TRUMP's history without reaching its previous heights.
WLFI Listing Market Cap Estimate
What price could WLFI reach upon listing?
If over 26 billion presale tokens circulate at the current $0.12 off-market price, the circulating market cap would be $3.12 billion, comparable to Aptos, ranking 39th in crypto. At $0.5, market cap would be $13 billion, surpassing HYPE and ranking 13th. At $1, market cap would reach $26 billion, exceeding DOGE and TRX, ranking 8th.
Trump's previous token TRUMP peaked at $82, with a circulating market cap of about $13 billion, equivalent to WLFI reaching $0.5.
Comparing business models, WLFI's stablecoin USD 1 can be benchmarked against Circle: Circle's market cap is $44.7 billion, with a circulating market cap of about $23.7 billion. By this comparison, WLFI's price could be around $0.8-$1.
Of course, there are extremely optimistic individuals in the community who believe that WLFI's listing will reach $0.47, then break through $4.7, and ultimately reach a height of $47. Why the number "47"? The reason might be that WLFI previously airdropped 47 USD1 to holders, and Trump served as the 47th President of the United States.
