Justin Sun, the founder of Tron (TRX), has made a bold move by acquiring $200 million worth of WLFI tokens shortly after the World Liberty Financial (WLFI) Token Generation Event (TGE). The U.S. President Donald Trump has endorsed WLFI as the governance token of the project, which recently unlocked 20% of its 100 billion token supply.
Sun’s purchase includes 600 million WLFI — about 3% of the 20 billion tokens unlocked. According to Arkham Intelligence, he currently holds WLFI valued at roughly $891.2 million, excluding the original unlock allocation.
Despite this massive claim, Sun reassured investors that he has “no plans to sell our unlocked tokens anytime soon,” expressing confidence in WLFI’s long-term vision. Alongside the purchase, Sun pledged to expand the USD1 stablecoin circulating supply on Tron by $200 million. USD1, pegged to the U.S. dollar, is deeply connected to the WLFI ecosystem.
WLFI’s market activity has surged since the TGE. At the time of writing, the token traded at $0.2418, up 6% in 24 hours, with a $6.0 billion market cap and $24.17 billion fully diluted valuation. Trading volume spiked to $2.57 billion, accounting for 41% of its market cap.
Trump’s endorsement combined with Sun’s investment has kept WLFI at the center of attention, but the token’s political and financial risks remain important factors for investors to evaluate.
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