The Trump Family's Crypto Gamble: A Billion-Dollar Swing

The Trump family has entered the cryptocurrency arena with the launch of World Liberty Financial, a decentralized finance (DeFi) platform. Co-founded by Donald Trump and his three sons, the platform debuted in September 2024.

Key Details:

• Total Tokens Created: 100 billion $WLFI tokens.
• Trump's Stake: 22.5 billion tokens allocated to DT Marks DEFI LLC, where Trump holds a 70% stake.

Market Performance:

• Initial High: The $WLFI token reached a peak of $0.31 on its debut day.
• Current Value: The token's value has since dropped to $0.158.
• Impact on Trump's Net Worth: The decline has resulted in a loss of approximately $1.1 billion.

Token Lock-Up Policy:

The tokens allocated to DT Marks DEFI LLC are locked, meaning Trump cannot immediately cash in. The company's policy dictates that founders' tokens are unlocked on a longer schedule compared to early supporters.

Investment Risks:

This situation highlights the volatility of the cryptocurrency market and the potential for significant losses. It serves as a reminder that even high-profile figures are not immune to the unpredictable nature of this space.