Trump’s WLFI Expands Crypto Holdings Before Token Listing

WLFI boosts Bitcoin and Ethereum reserves with $18.6M purchase to secure liquidity ahead of its highly awaited token listing.

Analysts expect WLFI listing to face strong early selling pressure while its ATH depends on circulating supply and market demand.

Polymarket sees 65% odds of WLFI hitting $16B valuation on day one making token supply the biggest factor for price growth.

World Liberty Financial (WLFI), a Trump family-led crypto project, has boosted its digital asset reserves before its upcoming token launch. On August 16, CoinGabber, citing Onchain Lens, reported that a wallet linked to WLFI spent $18.6 million USDC on fresh acquisitions. The project purchased 1,911 ETH at $4,500 each and 84.5 WBTC at $118,343

Consequently, WLFI now holds 73,616 ETH worth around $275.9 million, which accounts for 65.6% of its portfolio. This move signals a deliberate strategy to improve liquidity and strengthen stability ahead of its highly anticipated token listing.

Token Listing and Market Expectations

Besides the acquisitions, WLFI47 confirmed that the WLFI token is expected to list in about two weeks. Holders are debating its potential all-time high (ATH) value. The exact portion of presale tokens to be released remains uncertain, though most estimates range from 10% to 30%. For calculation, a 20% midpoint offers a balanced perspective. Moreover, WLFI47 outlined a framework to estimate ATH using top 10 coin market caps as benchmarks.

Hence, the formula remains straightforward. Circulating supply equals total supply multiplied by 20%. Target market cap then equals benchmark coin market cap. Finally, the estimated ATH price equals the target market cap divided by circulating supply. However, investors should als anticipate strong initial selling pressure since presale participants often take early profits.

Analysts’ Price Projections

Additionally, crypto analyst Salmoncollector provided insights into WLFI’s potential valuation. He stated, “Right now $WLFI shows a value around $0.39–0.40 when compared to $ETH. If $WLFI lists at $0.47, price depends on how many tokens unlock.” He further detailed that a $470 million market cap with 1 billion tokens means $0.47 per token, while 10 billion tokens equal $0.047.

Moreover, Polymarket assigns 65% odds that WLFI will surpass a $16 billion fully diluted valuation on day one. Consequently, if 1 billion tokens circulate, prices could exceed $16 per WLFI. However, with 10 billion tokens in circulation, values may only reach $1.6.

The post Trump’s WLFI Expands Crypto Holdings Before Token Listing appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.