Family members, after waiting for more than half a year, WLFI is finally going to come to the forefront.
On August 26th, the official announcement of the Lockbox was made, and token holders can transfer their tokens into it and prepare to unlock them. On September 1st at 8:00 AM EST (8:00 PM Beijing Time), WLFI will conduct its first release, with the initial 20% of tokens officially circulating.
What does this mean? From a "political souvenir" to a "real tradable asset," WLFI has officially entered the cashing phase.
Who is behind this?
WLFI was founded in September 2023 , led by real estate tycoon Steve Witkoff and his son, along with several crypto influencers. The Trump family also directly endorsed the initiative: Trump himself is the "Chief Crypto Advocate," and his sons are "Web3 Ambassadors." The technical team is also impressive:
- Rich Teo: Co-founder of Paxos, responsible for stablecoins and payments;
- Corey Caplan: Founder of DeFi platform Dolomite, responsible for technical strategy;
- Bogdan Purnavel: Former Dough Finance developer, now serving as lead developer. The team isn't just talking big; they've actually raised a lot of money:
- October 2024: ICO launches 20 billion WLFI tokens at a price of $0.015 per token, raising $300 million.
- January 2025: On the day of Trump's inauguration, another 5 billion coins were sold at a price of $0.05 each, raising $250 million.
Token Economics
The official "Gold Paper" states very clearly: WLFI is a governance token, and users can vote on matters such as protocol upgrades. Distribution:
- 33.9% is used for sales,
- 32.6% Incentives and community development,
- 30% to early supporters,
- 3.5% is reserved for the team and advisors.
Note: The white paper also emphasizes that the $550 million raised will go to the project, and users only purchase governance rights. However, with the launch of the Lockbox feature, the 55 billion tokens previously sold will be released in batches. Only 20% will be circulated in the first wave, while the release schedule for the remaining 80% will be determined by community governance. The team and advisors' shares will remain locked.
How to determine valuation?
The over-the-counter price of WLFI is now $0.24 . Compared with $0.015 in the first round and $0.05 in the second round, it has increased 16 times in just 8 months.
The market generally views it as an upgraded version of the "Trump version of the TRUMP token." TRUMP reached a market capitalization of $80 billion when it launched, while WLFI's current estimated market capitalization is around $30 billion, leaving room for further growth.
Who are the big investors behind this round of WLFI?
- Justin Sun: In November 2024, his TRON DAO spent $30 million to acquire 3 billion WLFI tokens, at a discount to the official price. Later, the official announced that he was an advisor, but his name was not listed on the official website.
- Aqua1 Fund: In June 2025, it invested 100 million US dollars to enter the market, becoming the number one coin holder, and also jointly launched the RWA platform with WLFI.
- DWF Labs: also invested US$25 million in April this year.
- Institutions such as The Block founder Mike Dudas, BarnBridge DAO member Troy Murray, and Gibraltar fund Sigil Fund have also joined in.
With the backing of a host of capital giants, WLFI's political and financial narrative has become even more lively. From a "permanently untradable governance token" to the first 20% unlock on September 1st , has WLFI reached a turning point? This is a typical triple narrative:
- Politics : Direct endorsement from the Trump family;
- Finance : Top funds and institutional capital enter the market;
- Crypto : Tokenized governance, circulation mechanism enabled.
📣 After understanding the situation of WLFI, let me share my personal opinion based on the data:
1. The total supply of WLFI is 100 billion, the current price is about 0.34, and the FDV is as high as 34 billion; but the actual issuance of stablecoins is only more than 2 billion, and the valuation is seriously inflated .
2. Comparison $TRUMP With a current market value of 8 billion, the environment in which WLFI was launched is different from before , and it is difficult to regain its previous popularity.
3. The early cost was only $0.015, and the holders have already made 20 times the profit, so the risk of selling pressure is extremely high .
4. Short-term fluctuations are bound to be dramatic, but long-term returns are highly likely. If the market surges, I personally prefer a small, cautious bearish position (not investment advice).
Next, the market will look at one thing:
Can WLFI withstand the test of its first round of circulation? Will it be the starting point for a price revaluation, or a wave of price hikes? This is WLFI's first tough battle.
That's all for now! If you're still unsure about your direction in the crypto, why not join me? Join the VX + Q group for free and get first-hand market analysis, altcoin opportunities, and individual coin trading opportunities. Join us now! Otherwise, you might be on the other side of the market again in the next wave.
