Key Notes

Justin Sun acquired 600 million WLFI tokens representing 3% of unlocked supply, positioning him as major governance stakeholder.

WLFI trades at $0.2453 with $6.05 billion market cap despite 38% decline from pre-launch peak of nearly $0.40 per token.

High speculation surrounds the project with $2.57 billion daily volume and regulatory risks from political endorsements.

On September 1, the World Liberty Financial governance token, WLFI, had its Token Generation Event (TGE), unlocking 20% of the 100 billion tokens. The project has Donald Trump’s endorsement. Crypto whales like Justin Sun, founder of Tron (TRX), participated in the launch by claiming part of their vested tokens.

In particular, Justin Sun claimed 600 million WLFI, worth approximately $200 million at the TGE.

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