Trump-Backed WLFI Explodes Onto Global Exchanges - Here’s What You Need to Know

Trump-endorsed WLFI token storms global trading platforms, merging political clout with crypto ambition.

The Trading Surge

Exchanges worldwide are reporting massive volume spikes as the newly listed asset attracts both crypto natives and political traders. Market makers are scrambling to provide liquidity while speculators pile in betting on the Trump premium.

Political Crypto Convergence

This isn't just another meme coin—it's trading like one though. The token leverages its political backing to bypass traditional financial gatekeepers, creating instant market access without the usual regulatory hurdles. Because who needs compliance when you have a former president's endorsement?

Market Reality Check

While the hype generates impressive initial numbers, seasoned traders remember how political tokens often trade more on sentiment than fundamentals. Another day, another opportunity to separate believers from their money in the name of ideological investing.

One Week After Binance and Bybit Began Futures Trading

HTX (former Huobi), Bitget, and OKX will support spot and margin trading for the WLFI. KuCoin, Gate.io, BingX, and MEXC will only support spot trading. Binance and Bybit already launched the WLFI perpetual futures contract on Aug 23.

Interestingly, the listing in the US has yet to announce specific listing dates. Kraken listed WLFI simultaneously with other major exchanges, but has applied geographic restrictions. Coinbase is preparing to list USD1 and has not made any official announcement regarding a WLFI spot listing.

Upbit, the leading exchange in the South Korean market, also listed WLFI simultaneously with other major exchanges. This is an unusual synchronous listing for the Korean exchange, which de facto restricts its user base to Korean nationals. Upbit also listed the USD1 stablecoin on the same day at 09:00 UTC. USD1 was listed at 1,252 Korean won and saw a trading volume of $24.8 million within the first hour. Other Korean exchanges, including Bithumb and Coinone, also listed the Trump-related cryptos.

USD1 is a stablecoin issued by World Liberty Financial, designed to maintain a 1:1 peg with the US dollar. Its value is 100% collateralized by a reserve of short-term US Treasury bonds, US dollar deposits, and other cash equivalents. It currently has a market capitalization of $2.33 billion, making up 0.86% of the total stablecoin market cap. WLFI, the parent project, aims to provide US-centric DeFi services and is reportedly inspired by Donald Trump’s vision.

WLFI Weak Despite Listings

Within the first hour of trading, WLFI’s price moves between $0.29 and $0.31, down 1~2% from the previous day in the futures market. This is an unusual development, as most cryptocurrencies typically see a price pump following a listing announcement.

WLFI has proven to be incredibly profitable for early investors. It held two official token sales in January. The first presale price was $0.015 per token, and the second was $0.05. If the current price holds, first-round participants look at more than 2,000% return on their investment.