Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
Trump-backed token WLFI launches with .4B valuation, sends Ethereum gas fees soaring

Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring

September 1, 20252 Mins ReadNo Comments Trading
Share
Facebook Twitter LinkedIn Pinterest Email
Trump-backed token WLFI launches with .4B valuation, sends Ethereum gas fees soaring

Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours.

According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges.

Notably, this rush of activity spilled over into the broader market.

According to Milk Road data, Ethereum gas fees, which hovered near zero before the token’s debut, surged to more than 60 gwei as traders competed to settle WLFI transactions on the chain.

Ethereum Gas Fees
Ethereum Gas Fees (Source: Milk Road)

This spike highlighted how much interest the Trump-linked token has generated among retail traders and institutions.

WLFI token

In a Sept.1 blog post, the World Liberty Financial team stated that the launch introduced more than 24.6 billion WLFI into circulation.

Out of this supply, about 10 billion tokens were retained by the project’s parent company, World Liberty Financial, Inc. Another 7.78 billion tokens were assigned to Alt5 Sigma Corporation, giving it close to eight percent of the total supply as part of its treasury strategy.

NemoNemo

Nearly 2.9 billion tokens were directed toward exchange activity to maintain liquidity and support early marketing. At the same time, more than 4 billion were distributed to public sale participants with an initial 20 percent unlocked at launch.

The team stated that the remaining 76 billion tokens are “subject to vesting schedules or are otherwise locked.” These tokens belong to its strategic partners, the project’s team, and its treasury.

Trump Jr. framed the token as central to the project’s long-term mission, emphasizing that WLFI is designed as a governance layer rather than a speculative instrument.

Meanwhile, Tron founder Justin Sun, who publicly aligned himself with the project, reinforced this position by pledging not to sell his unlocked holdings.

He also announced that to mark the launch, USD1 circulation on Tron would expand to $200 million, linking the success of WLFI with broader stablecoin growth on his blockchain.

Mentioned in this article
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000

June 10, 2026

Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds

June 9, 2026

Bitcoin’s $10 billion liquidation wave reveals why the AI boom is hurting crypto

June 9, 2026

FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon

June 8, 2026
Add A Comment

Comments are closed.

Editors Picks

Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000

June 10, 2026

Fold Sells $45 Million in Bitcoin to Repay Debt and Fund Expansion

June 10, 2026

Bitcoin’s Worst Week Since FTX Crash Signals More Pain Ahead

June 10, 2026

$GCOIN Lands on BitMart as Playnance Pushes Ahead With Multi-Exchange Expansion

June 10, 2026
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Stablecoins just lost key battle as insurance protection to be reserved only for bank-issued tokens

March 19, 2026

VeChain Surges 7% In 24 Hours, Outshines Bitcoin And Ethereum

February 12, 2026

Best New Cryptocurrencies to Buy Right Now As Traders Predict Volatility

February 16, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$62,264.002.07%
  • ethereumEthereum(ETH)$1,649.371.30%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$594.961.52%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.12-0.29%
  • solanaSolana(SOL)$65.051.66%
  • tronTRON(TRX)$0.3225320.24%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.14%
  • dogecoinDogecoin(DOGE)$0.0847091.14%
  • HyperliquidHyperliquid(HYPE)$56.68-3.79%
  • USDSUSDS(USDS)$1.000.00%
  • leo-tokenLEO Token(LEO)$9.460.38%
  • RainRain(RAIN)$0.0133365.54%
  • zcashZcash(ZEC)$429.46-0.90%
  • CantonCanton(CC)$0.1663292.82%
  • stellarStellar(XLM)$0.187751-2.27%
  • cardanoCardano(ADA)$0.1645091.54%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$51.23-0.26%
  • moneroMonero(XMR)$322.344.59%
  • chainlinkChainlink(LINK)$7.771.05%
  • ToncoinToncoin(TON)$1.68-0.20%
  • Ethena USDeEthena USDe(USDE)$1.000.03%
  • USD1USD1(USD1)$1.000.04%
  • daiDai(DAI)$1.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$200.09-1.04%
  • MemeCoreMemeCore(M)$2.83-2.98%
  • hedera-hashgraphHedera(HBAR)$0.0789000.04%
  • litecoinLitecoin(LTC)$42.641.57%
  • suiSui(SUI)$0.752.20%
  • Circle USYCCircle USYC(USYC)$1.130.00%
  • PayPal USDPayPal USD(PYUSD)$1.000.01%
  • avalanche-2Avalanche(AVAX)$6.540.59%
  • shiba-inuShiba Inu(SHIB)$0.0000053.01%
  • nearNEAR Protocol(NEAR)$2.080.67%
  • crypto-com-chainCronos(CRO)$0.0600210.88%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • tether-goldTether Gold(XAUT)$4,119.23-2.93%
  • LABLAB(LAB)$8.08-22.29%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.13-0.04%
  • BittensorBittensor(TAO)$208.890.71%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.06128311.81%
  • pax-goldPAX Gold(PAXG)$4,128.96-2.89%
  • mantleMantle(MNT)$0.542.45%
  • AudieraAudiera(BEAT)$6.1231.54%
  • OndoOndo(ONDO)$0.347544-0.97%
  • AsterAster(ASTER)$0.632.92%
  • Ripple USDRipple USD(RLUSD)$1.00-0.02%
  • polkadotPolkadot(DOT)$0.950.85%
  • HTX DAOHTX DAO(HTX)$0.0000020.41%
  • uniswapUniswap(UNI)$2.491.15%
  • WorldcoinWorldcoin(WLD)$0.454129-9.05%
  • okbOKB(OKB)$71.331.23%
  • Falcon USDFalcon USD(USDF)$0.99-0.07%
  • MorphoMorpho(MORPHO)$2.1517.67%
  • Pi NetworkPi Network(PI)$0.126269-0.06%
  • usddUSDD(USDD)$1.000.02%
  • BFUSDBFUSD(BFUSD)$1.000.02%
  • SkySky(SKY)$0.0560390.72%
  • internet-computerInternet Computer(ICP)$2.250.15%
  • bitget-tokenBitget Token(BGB)$1.77-0.78%
  • PepePepe(PEPE)$0.0000031.61%
  • ethereum-classicEthereum Classic(ETC)$7.032.06%
  • United StablesUnited Stables(U)$1.000.02%
  • USDtbUSDtb(USDTB)$1.00-0.04%
  • Spiko EU T-Bills Money Market FundSpiko EU T-Bills Money Market Fund(EUTBL)$1.220.10%
  • Blockchain CapitalBlockchain Capital(BCAP)$106.960.00%
  • aaveAave(AAVE)$63.245.22%
  • quant-networkQuant(QNT)$65.391.09%
  • cosmosCosmos Hub(ATOM)$1.802.50%
  • Invesco Short Duration US Government Securities FundInvesco Short Duration US Government Securities Fund(USTB)$11.110.01%
  • kucoin-sharesKuCoin(KCS)$6.595.34%
  • Janus Henderson Anemoy Treasury FundJanus Henderson Anemoy Treasury Fund(JTRSY)$1.110.01%
  • kaspaKaspa(KAS)$0.0311143.63%
  • DeXeDeXe(DEXE)$18.18-14.08%
  • render-tokenRender(RENDER)$1.56-1.25%
  • ​​Stable​​Stable(STABLE)$0.0342019.59%
  • algorandAlgorand(ALGO)$0.0897831.17%
  • nexoNEXO(NEXO)$0.794.74%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.073835-0.10%
  • EthenaEthena(ENA)$0.077903-1.67%
  • 币安人生 (BinanceLife)币安人生 (BinanceLife)(币安人生)$0.701.63%
  • justJUST(JST)$0.080482-1.25%
  • Janus Henderson Anemoy AAA CLO FundJanus Henderson Anemoy AAA CLO Fund(JAAA)$1.040.02%
  • gatechain-tokenGate(GT)$6.32-0.11%
  • Venice TokenVenice Token(VVV)$13.77-9.65%
  • xdce-crowd-saleXDC Network(XDC)$0.0312680.59%
  • BeldexBeldex(BDX)$0.0804942.31%
  • GHOGHO(GHO)$1.000.01%
  • FlareFlare(FLR)$0.0069710.46%
  • filecoinFilecoin(FIL)$0.750.71%
  • Provenance BlockchainProvenance Blockchain(HASH)$0.0105704.93%
  • SirenSiren(SIREN)$0.76-28.05%
  • Usual USDUsual USD(USD0)$1.000.02%
  • YLDSYLDS(YLDS)$1.00-0.01%
  • aptosAptos(APT)$0.650.47%
  • injective-protocolInjective(INJ)$5.27-3.85%
  • A7A5A7A5(A7A5)$0.0132192.44%
  • MidnightMidnight(NIGHT)$0.0308251.21%