Trump-Backed WLFI Gets $750M Alt5 Deal Pre-Binance Debut
Trump-backed WLFI token has struck a $750 million deal with trading platform Alt5 Sigma as it prepares for its Binance listing. Alt5 Sigma raised the funds to purchase WLFI tokens directly from World Liberty Financial. Entities linked to the Trump family control most of the token supply, potentially netting the family a $500 million windfall.
The transaction highlights concerns over circular deals and the risk of inflated token demand. Alt5 Sigma is also under SEC scrutiny for alleged earnings inflation and stock manipulation.
Ahead of its Binance debut, WLFI has formed a strategic partnership with BONK.fun as its Solana launchpad. The token will trade on USDT and USDC pairs.
Early whales are already profiting. One trader, “trumpisthebest.eth,” spent $347,000 on 23.14 million WLFI, now valued at $8.5 million. This surge demonstrates the token’s volatility and high growth potential.
Bullish
The $750 million Alt5 Sigma purchase and imminent Binance listing are likely to drive strong demand for WLFI. Similar token launches on major exchanges often spark rapid price rallies as retail and institutional traders chase early gains. Whale activity, such as the 23.14 million WLFI holder turning a $347K stake into $8.5 million, further fuels FOMO. In the short term, this news should boost trading volume and price momentum. Over the long term, regulatory scrutiny and circular-deal concerns may introduce volatility. However, the immediate market reaction is expected to be bullish as exchange listings and large capital inflows tend to underpin positive sentiment.