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Trump Family's Crypto Venture Boosts Wealth and Trading Volume

1 min read
Source: Cointelegraph
Trump Family's Crypto Venture Boosts Wealth and Trading Volume
Photo: Cointelegraph
TL;DR

World Liberty Financial proposes using 100% of protocol fees to buy back and burn WLFI tokens to reduce supply and support the token's value, amid a 30% decline after launch and a large token unlock increasing circulating supply and holdings. The initiative aims to strengthen long-term holder confidence, but uncertainties remain about fee amounts and contingency plans.

Topics:top-newsbusiness#business#crypto-market#decentralized-finance#token-burn#wlfi#world-liberty-financial
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  1. Trump project floats token burning as WLFI dips 30% after launch  Cointelegraph
  2. Trump Family Amasses $5 Billion Fortune After Crypto Launch - WSJ  The Wall Street Journal
  3. Trump Family’s Paper Wealth Swells By $6B On WLFI Trading Debut: WSJ  Yahoo Finance
  4. Trump Family Profits Even With Tepid Launch of Crypto Tokens  The New York Times
  5. WLFI derivatives volume jumps 400% ahead of World Liberty's first token unlock on Monday  The Block

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