Donald Trump's new cryptocurrency, WLFI, launched with big plans but quickly faced problems. The token, promoted by his family and listed on major exchanges like Binance and Coinbase, is already trading 25% below its initial price. The unexpected announcement of a much larger-than-anticipated supply of 25 billion coins caused investor concerns and significantly impacted the market value, currently around $5.4 billion.
Prepared by Christopher Adams and reviewed by editorial team.
Comments