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Trading Debut of WLFI Token: The World Liberty Financial (WLFI) token has launched, drawing attention to other Trump family-affiliated cryptocurrencies like TRUMP and MELANIA, which saw significant initial valuations but have since plummeted.
Performance of Trump Family Tokens: TRUMP reached a peak valuation of nearly $75 billion shortly after launch but has since dropped 89%, while MELANIA has fallen 98.5% from its all-time high, indicating a volatile market for these meme coins.
Current Status of WLFI: WLFI started trading at $0.228, peaked at $0.46, but has since declined by 50%, with its current price at $0.1844, suggesting a challenging market environment for new tokens.
Investment Risks: The article emphasizes that investing in meme coins is highly speculative, often lacking intrinsic value and heavily influenced by market sentiment and celebrity endorsements.
