World Liberty Financial (\$WLFI), a project linked to former U.S. President Donald Trump, has launched a new USD-backed stablecoin on Solana, minting 100 million tokens to power faster, cheaper transactions in decentralized finance.
Trump is the present United States president.
They launched Trump coin, followed by Melania coin. Later they created World Liberty Financial (WLFI) and they launched USD1. But I was surprised to see them launched an unstable coin which will also likely be a shit coin also. It is called WLFI. Most well known exchanges have listed WLFI.
Four coins now in connection to Trump.
I can't help but think that Trump might be behind everything that happened to those four. It's no different from the previous coins that were rugpulled. I was actually going to take a long position last night, but I decided to observe first and wait for a confirmation. I'm so glad I didn't.
Now, the price has dropped so much. I feel bad for those who took a long position; their assets are completely burned.
But those who took a short position in leverage/futures trading won.