Donald Trump has reported an income of $57.3 million derived from World Liberty Financial tokens, as disclosed in his public financial statement submitted to the US Office of Government Ethics. He claims to hold 15.75 billion $WLFI tokens, the cryptocurrency associated with World Liberty Financial (WLF). However, the specifics of how this income was generated—whether through sales, staking, or other means—remain unclear.
World Liberty Financial is a decentralized initiative that emphasizes open, on-chain infrastructure, particularly focusing on dollar-pegged stablecoins. The project has launched $USD1, a stablecoin comparable to $USDT and $USDC, and has successfully raised approximately $550 million through token sales. Notably, the Trump family retains a 75% share of the net revenues from this venture, owning 60% of WLF Holdco LLC through DT Marks DEFI LLC. Overall, they control 22.5 billion of the total 100 billion $WLFI token supply.
In addition to the WLFI tokens, Trump also introduced his own meme coin, $TRUMP, just prior to his presidential appointment. Under his administration, the first Bitcoin ETF was approved in the United States, and he proposed the establishment of a US Bitcoin reserve. Trump's involvement in the cryptocurrency sector has not only benefited the industry but has also yielded substantial personal returns. For those aspiring to become successful in crypto like Trump, several promising altcoins are currently available for investment.
1. Solaxy ($SOLX) – An Ideal Altcoin for Significant Returns: Solaxy ($SOLX) stands out as a leading option amid the DeFi revolution, being the first Layer 2 scaling solution on the Solana network. Following the launch of popular meme coins $TRUMP and $MELANIA, Solana faced scalability issues, leading to transaction failures. Solaxy aims to alleviate this by shifting some transactions to a sidechain, enhancing Solana's efficiency. The project is projected to surge over 11,300% to reach $0.20 by 2030, making it a compelling buy at the presale price of $0.001758. However, potential investors should act quickly, as the presale concludes in less than two days.
2. Bitcoin Hyper ($HYPER) – Transforming Bitcoin with Layer 2 Solutions and High Staking Rewards: For those seeking passive income through staking, Bitcoin Hyper ($HYPER) is an attractive option. Currently in presale, it offers staking rewards of 613% per annum, although this rate will decrease as the presale progresses. Each token is available for $0.011875, with predictions suggesting a potential rise to $0.253 by 2030. Bitcoin Hyper integrates with the Bitcoin Layer 1 through a Canonical Bridge, converting $BTC into a 'wrapped' version for use in decentralized applications, thereby enhancing transaction speeds and reducing fees.
3. Jelly-My-Jelly ($JELLYJELLY) – A New Viral Meme Coin: Jelly-My-Jelly, launched by Venmo co-founder Iqram Magdon-Ismail and investor Sam Lessin, offers its token holders early access to a forthcoming video-sharing app. Despite its utility, the coin has gained popularity primarily due to community hype. Currently priced at $0.02902, $JELLYJELLY has seen a 17% increase in the past week and a 57% rise over the last year.
In conclusion, Donald Trump's reported $57.3 million income from World Liberty Financial tokens signals a significant endorsement of cryptocurrency at the highest level. For those looking to emulate Trump's success in the crypto market, investing in high-potential tokens like Solaxy ($SOLX) and Bitcoin Hyper ($HYPER) may be worthwhile. However, it is essential to remember that cryptocurrency investments carry inherent risks, and individuals should conduct thorough research before making any financial commitments.
