World Liberty Financial officially allows Spot Trading of WLFI Token, expected to increase significantly compared to ICO price.
WLFI Token issued by World Liberty Financial will open official trading, with predictions of increasing up to nearly 800% from the initial price of 0.015 USD. This event marks an important milestone for this DeFi project.
- World Liberty Financial approves Spot Trading for WLFI Token with over 99% support rate.
- WLFI is a Governance Token, issuing 100 billion Tokens, which has raised 715 million USD from major funds.
- WLFI price is forecast to reach 0.13 USD, equivalent to an increase of approximately 767% from the initial ICO price.
How did World Liberty Financial approve Spot Trading of WLFI Token?
The decision to open Spot Trading for WLFI Token was passed with over 99% support, demonstrating strong consensus from the investment community.
The voting took place from July 9th with an overwhelming result, creating a premise for the official launch of WLFI Token on trading platforms.
This level of support shows great confidence from the community in World Liberty Financial's development strategy.
World Liberty Financial Representative, July 2024
What is WLFI tokenomics and what are the project's next steps?
WLFI is the Governance Token of World Liberty Financial, a DeFi project launched in 2023, modeled after Aave's lending and borrowing model.
The project has successfully raised 715 million USD from DWF Labs, Aqua, and notably TRON with a 52.5 million USD investment from founder Justin Sun.
WLFI has a total supply of 100 billion Tokens, of which 20 billion Tokens were sold at 0.015 USD/Token during the October 2024 ICO, creating a fully diluted valuation of 1.5 billion USD.
Ecosystem and developed products
World Liberty Financial has established partnerships with many industry names and launched products such as USD1 stablecoin and the 1776.Meme memecoin platform.
After Spot Trading is activated, a portion of Tokens sold to initial investors will be unlocked, with the remainder to be decided by the community according to the distribution schedule.
"The remaining Tokens will undergo a second vote by the community to determine the unlocking and release schedule."
Official World Liberty Financial Announcement, July/2024
Role of WLFI Token in the community and ecosystem
Besides being a Governance Token serving proposal voting, WLFI is also applied in the project's extensive ecosystem, especially on the 1776.Meme memecoin platform.
What is the expected value of WLFI Token after Spot Trading opens?
According to predictions on the Polymarket platform, WLFI price after Spot Trading could rise to a valuation of around 13 billion USD, equivalent to each Token reaching 0.13 USD.
This means an increase of approximately 767% from the ICO price of 0.015 USD/Token, increasing nearly 9 times. However, price volatility in the initial trading period remains uncertain.
| Indicator | ICO Price (USD/Token) | Expected Price (USD/Token) | Expected Increase Rate | Fully Diluted Market Cap (USD) |
|---|---|---|---|---|
| WLFI Token | 0.015 | 0.13 | 767% | 13 billion |
Frequently Asked Questions
What is WLFI Token and what is its role in the project?
WLFI is the Governance Token of World Liberty Financial, used to vote on development decisions and operations within the project ecosystem.
Who has invested significantly in the WLFI project?
The most notable investment is from Justin Sun, TRON founder, with a contribution of 52.5 million USD and a key political supporter of the project.
How much initial Capital did World Liberty Financial raise?
The project raised 715 million USD from funds like DWF Labs, Aqua, and support from TRON and other partners.
When will WLFI Token start official Spot Trading?
WLFI Token Spot Trading was approved in July 2024 and will be launched in the upcoming period according to the project's announcement.
Can WLFI price increase significantly in the near future?
According to analysis and predictions on Polymarket, Token price could increase 8.7 times from ICO, around 0.13 USD/Token.
