WLFI Crashed Despite Trump Family Making $6 Billio
WLFI Crashed Despite Trump Family Making $6 Billion in Profits – TOKEN6900 on the Way?
On Labor Day, the Trump-linked token $WLFI launched and crashed.
After briefly touching $0.46, $WLFI fell to around $0.2097 in just a few hours. Meanwhile, trading volume surged to over $4.6 billion in a day, showing just how many retail investors were in on the action.
All this amid reports that the Trump family has booked over $6 billion in paper profits from a pre-distribution.
The drama has sparked debate about the importance of decentralization in the meme coin space, as not all tokens are created equal. Then there are the degenerate meme coins that don’t play any role.
TOKEN6900 ($T6900), in particular, has attracted attention for its brutally honest meme coin model with zero utility. It is being called another grand play for those tired of politics and broken promises.
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