[Lunch Briefing] Justin Sun, Trump Family DeFi Advisor… 40 Billion Won Investment

The major cryptocurrencies are showing a mixed trend. As of 1:05 PM on the 27th, based on Bithumb, BTC fell 0.64% from the previous day to 12,930,000 won. ETH rose 0.66% to 4,702,000 won, SOL rose 0.56% to 324,000 won, BNB fell 0.35% to 861,500 won, and XRP fell 0.05% to 1,912 won. The international market is on a downward trend. At the same time, on CoinMarketCap, BTC recorded $92,577.36, down 2.05% from the previous day. ETH fell 2.17% to $3,360.48, SOL fell 2.56% to $231.80, BNB fell 4.15% to $616.61, and XRP fell 5.52% to $1.37. The total market capitalization of cryptocurrencies decreased by 0.31% from the previous day to about $3.19 trillion (about 445.86 trillion won). The Crypto Fear and Greed Index of Alternative.me fell 4 points from the previous day to 75 points, indicating 'Greed'. Justin Sun, the founder of Tron, has joined the DeFi protocol World Liberty Financial, led by the family of former U.S. President Donald Trump, as an advisor. On the 26th (local time), World Liberty Financial announced through X that "Justin's insights will play a crucial role in the innovation and growth of World Liberty Financial." This decision was made shortly after the Sun founder purchased about $30 million (about 41.928 billion won) worth of WLFI tokens. WLFI can only be purchased by accredited U.S. investors, and the transfer of tokens is prohibited, resulting in poor sales. With Sun's large-scale purchase of WLFI, the total sales of WLFI increased to $52 million. Cointelegraph reported that with this purchase, the Trump family will begin to receive sales revenue from WLFI. According to the WLFI whitepaper, if the cumulative sales of WLFI exceed $3,000, DT Marks DEFI LLC, led by the Trump family, can receive 75% of the net profit.