WLFI (World Liberty Financial) rose 5.09% in the last 24 hours.

Gate News Bot report, on September 8, according to CoinMarketCap, as of the time of publication, WLFI (World Liberty Financial) is currently priced at 0.23 USD, with a rise of 5.09% in the last 24 hours, reaching a high of 0.46 USD and a low of 0.16 USD, with a 24-hour volume of 1.619 billion USD. The current market capitalization is approximately 5.626 billion USD, an increase of 272 million USD compared to yesterday.

World Liberty Financial is a blockchain project dedicated to connecting traditional finance and the open economy, building bridges through specially designed on-chain products. WLFI is the native token of the project, allowing holders to participate in the platform's governance, including proposals, reviews, and voting. The project is developing multiple products, including the USD1 stablecoin, the WLFI mobile app, and a lending platform.

Important news about WLFI recently:

1️⃣ The Trump family's wealth has risen significantly due to WLFI.

The Trump family's wealth increased by about $670 million this week due to the rise in WLFI earnings. Although the WLFI price subsequently fell sharply, the family's net worth still exceeds $7.7 billion. This indicates that the WLFI project is closely tied to the Trump family's interests, which may affect market confidence in the project.

2️⃣ "Blacklisted Address" incident sparks controversy

The WLFI team recently blacklisted 272 addresses, including Justin Sun's address, locking 540 million unlocked tokens and 2.4 billion locked tokens. The team claims this move is to protect user asset security, but it has also raised concerns about the project's level of centralization.

3️⃣ Suspected CEX price manipulation dispute

Ryan Fang, the growth director of WLFI, stated that the team suspects that certain centralized exchanges may be using user tokens for sell-offs to suppress prices. This claim has not been confirmed but has attracted market attention and could affect investor confidence.

On the technical side, the WLFI price has rebounded after significant fluctuations but remains in a high volatility state. Investors need to closely monitor the team's follow-up handling of the "blacklisted addresses" incident, as well as the potential results of market manipulation investigations, as these factors could significantly impact short-term price trends.

This message is not intended as investment advice; investors should be aware of market volatility risks.