Trump family’s WLFI token briefly overtakes XRP derivatives volume before 28% crash
From thestreet.com
World Liberty Financial's WLFI token officially debuted on September 1 after months of anticipation, drawing massive attention across the crypto market. Within its first 24 hours, derivatives activity on WLFI surged beyond $13 billion, according to CoinGlass. Notably, WLFI's derivatives volume nearly doubled that of XRP, the third-largest crypto by market capitalization. Spot trading volumes also reached $4.7 billion, propelling WLFI into the ranks of the top 10 most-traded assets by volume on its opening day. The WLFI launch brought a lot of anticipation and excitement, but volatility was right around the corner. ...
(full story)