en.bitcoinsistemi.com
The big day has finally arrived for US President Donald Trump and his family's cryptocurrency project, World Liberty Financial.
At this point, the Trump-linked altcoin World Liberty Financial ($WLFI) will be launched today.
Accordingly, the 20% of the shares obtained by early-stage $WLFI investors will be unlocked globally today at 15:00 CET.
Futures for World Liberty Financial, which will begin listing on many exchanges including Binance, were opened for trading last week.
As is known, $WLFI futures began trading at around $0.40 on major exchanges last week.
Now, with spot trading for $WLFI expected to begin, futures and derivatives investors have launched a major offensive. According to Coinglass data, $WLFI futures and derivatives trading volume surged by over 400% to $3.13 billion as of Sunday afternoon, while open interest increased by more than 50% to $760 million.
While Binance was clearly number 1 in $WLFI futures trading volume, it was seen that half of the $WLFI trading volume occurred on Binance.
$WLFI, which will be listed on numerous exchanges today, has also received a listing from Binance. Binance announced that it will list $WLFI today at 4:00 PM Turkish time under the “Seed Tag,” which designates high-risk tokens.
Apart from Binance, South Korea’s largest cryptocurrency exchanges Bithumb and Upbit also announced that they will list both hme $WLFI and its stablecoin World Liberty Financial USD (USD1).
Kraken, KuCoin, and HTX also announced that they will list the Trump-backed $WLFI.
Finally, the $WLFI team noted that early investors will unlock 20% of the tokens they purchased at $0.015 and $0.05, and these tokens can be claimed through a “Lockbox” transaction. At current prices, this translates to approximately a 20x return for investors in the $0.015 round.
*This is not investment advice.