WLFI Token Performance: The World Liberty Financial (WLFI) token experienced a significant rally, surging over 12% in 24 hours, while trading volume increased by 128%, outperforming major cryptocurrencies like Bitcoin and Ethereum.
Impact of Trump's Pardon: The surge in WLFI's value coincided with President Donald Trump's pardon of Binance founder Changpeng "CZ" Zhao, which may have contributed to the token's increased demand.
Token's Market Struggles: Despite the recent spike, WLFI has faced a challenging market journey, having fallen nearly 70% from its peak and over 54% since its trading debut, resulting in a loss of over $3 billion in market capitalization.
Trump Family Holdings: The Trump family reportedly owns about 22.5 billion WLFI tokens, valued at just over $3 billion at the current price of $0.1408.
