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Reading: Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
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The cryptonews hub > Blog > Trending News > Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
Trending News

Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring

Crypto Team
Last updated: September 1, 2025 9:52 pm
Crypto Team
Published: September 1, 2025
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wp header logo 55 Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring

Notably, this rush of activity spilled over into the broader market.

This spike highlighted how much interest the Trump-linked token has generated among retail traders and institutions.

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Nearly 2.9 billion tokens were directed toward exchange activity to maintain liquidity and support early marketing. At the same time, more than 4 billion were distributed to public sale participants with an initial 20 percent unlocked at launch.

The team stated that the remaining 76 billion tokens are “subject to vesting schedules or are otherwise locked.” These tokens belong to its strategic partners, the project’s team, and its treasury.

source

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