World Liberty Financial (WLF), the decentralized finance (DeFi) project linked to Donald Trump, has announced plans to launch transferability of its native token, WLFI, within the next 6 to 8 weeks.
Today’s announcement comes just after the community vote allowing token trading was overwhelmingly approved by 99.94%.
The project team shared a post on the X platform: “A victory for the community. WLFI is preparing to trade,” adding that strategic partnerships, major exchange listings, and fair unlock schedules will take time. The statement continued: “This is not a delay; we are building a legend.”
When initially distributed, WLFI tokens were non-transferable. Removing this lock will open up trading and price discovery among investors. WLFI is currently trading at approximately $0.16 in the premarket, giving the token a fully diluted market capitalization of $16 billion.
To date, World Liberty has raised $550 million by selling approximately 25 billion WLFI tokens, representing a quarter of the total supply. The unlock and distribution schedule for the remaining tokens will be determined by a second community vote later.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/new-statement-about-donald-trumps-cryptocurrency-project-altcoin-heres-the-trading-date-and-preliminary-price/