Analysis: It may be difficult for the Trump family to liquidate WLFI's wealth; even a small sell-off could trigger a price plunge
3days ago
According to Odaily Planet Daily, the Financial Times published an analysis stating that although family members, including Trump himself, hold nearly a quarter of all current WLFI tokens, it may not be easy to cash out this newly created wealth. First, the tokens held by the WLFI founders and team members are still in a "locked" state, which means they are currently unable to sell them; second, even a small amount of selling could trigger a price crash. Zach Witkoff, CEO of World Liberty Financial, said that although "Trump is the greatest president ever," the company is purely private and its long-term value will be supported by development plans. He also revealed that World Liberty Financial plans to launch a mobile app. (FT)
Download Odaily App
Let Some People Understand Web3.0 First
