Ah, dear reader! Gather ’round as we delve into the curious case of one Justin Sun, the illustrious founder of TRON, who has decided to sprinkle an additional $45 million into the whimsical pot that is the Trump family’s World Liberty Financial. What a splendidly extravagant endeavor! 💸
With this latest infusion, our dear Justin has now committed a staggering total of $75 million! One might wonder if he’s trying to buy a ticket to the next presidential gala or perhaps just a seat at the family dinner table. 🍽️
Sun’s Investment and Updates
On the fateful day of January 19, amidst the clamor of social media, Justin took to X (formerly known as Twitter, but who’s counting?) to proclaim:
“We trondao are continuing to increase our investment in World Liberty Financial, with an additional $45 million.”
Such a bold declaration! This follows his previous $30 million token purchase in November, which crowned him the biggest stakeholder in this merry venture. The very next day, he was appointed as an adviser—because who wouldn’t want advice from a man with such a penchant for financial theatrics? 🎭
Whispers from the hallowed halls of CoinDesk reveal that World Liberty Financial is also eyeing TRON (TRX) tokens for its treasury. However, the exact amount remains shrouded in mystery, much like the whereabouts of socks after laundry day. 🧦
Meanwhile, in a twist worthy of a soap opera, the project announced the completion of its initial sale of WLFI governance tokens, releasing an additional 5 billion coins to an audience described as having “massive demand” and “overwhelming interest.” One can only imagine the frenzy! The tokens are priced at a mere $0.05 each—what a bargain! 🤑
Originally, this DeFi platform had dreams of selling 20% of its grand total of 100 billion WLFI tokens. Alas, their mid-October launch was met with tepid enthusiasm, as they only managed to sell about 766 million tokens on the first day, generating a paltry $11.49 million. Oh, how the mighty have fallen! 😱
But fear not! The tides have turned, and sales have soared to a dizzying $254 million by Sunday evening, a marvelous leap from the previous day’s modest $91 million. The on-chain data reveals there are now more than 34,000 WLFI holders—each one likely feeling like a lottery winner! 🎉
Trump and Melania’s Meme Coins
In a delightful twist of fate, the recent surge in token sales coincided with none other than Donald and Melania Trump launching their meme coins, mere days before the grand inauguration on January 20. The former introduced the “Official Trump” token, while Melania, ever the elegant counterpart, unveiled the “MELANIA” token. What a family affair! 👑
The Trump token, in a stunning display of market theatrics, skyrocketed to become one of the largest cryptocurrencies by market cap within two days, peaking at around $72 before plummeting by more than 50% post-MELANIA launch. Talk about a rollercoaster ride! 🎢
As of this very moment, the Official Trump token is trading at $50, boasting a market cap of $9.9 billion and a fully diluted valuation (FDV) of $49 billion. Meanwhile, the MELANIA token dances with an FDV of $12.46 billion, albeit amidst a whirlwind of price fluctuations. What a spectacle to behold! 🤹♂️
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2025-01-20 22:48