November 17, 2024
DONALD TRUMP LAUNCHES WORLD LIBERTY FINANCIAL (WLFI) – WHAT YOU NEED TO KNOW!
 #Finance

DONALD TRUMP LAUNCHES WORLD LIBERTY FINANCIAL (WLFI) – WHAT YOU NEED TO KNOW! #Finance


hello everyone welcome back to another CashNews.co on the channel we’re going to be going over World Liberty Financial Donald Trump’s Cryptocurrency project now the token

is going to be launching on Tuesday here just in less than 48 hours and so I have some important information I’m going to be going over regarding that project and so if you’re interested in this type of content make sure to hit the like button and subscribe for future CashNews.cos and

so let’s go ahead and jump right into it here let’s take a look at the price of Bitcoin currently trading around $62,000 and so we can see here that we have been trading in this channel here since March and so we have been continually trading back and forth in this Channel and we can

see if we look at the big picture here we are forming a bullish pattern here which is a cup and handle we can see we’ve been forming the since 2021 right this is a long-term pattern and this is typically a very bullish pattern as you can see here right we can see the cup here we can see the

handle and then once we do break to the upside this is typically a bullish pattern and so we are seeing that here on the Bitcoin chart and we are waiting for a break Above This channel here which will be very bullish for text-decoration: none;">Cryptocurrency moving forward and so I’d like to mention there is also a promotion going on right now on weeks exchange for a welcome bonus I do recommend having multiple exchanges during the bow run just in case other exchanges go down or you’re looking for

an altcoin gem that may not be listed on other exchanges and so right now if you use the link underneath the CashNews.co there are three simple steps to earn $380 of usdt and so definitely make sure to check that out and so let’s go ahead and take a look at World Liberty Financial now this is

Donald Trump’s Cryptocurrency project here and the token sale is going to be launching in 1 day and 16 hours and so this is going to be launching on Tuesday there is kyc verification

required if you’re interested in participating and so let’s go ahead and take a look at some of those requirements right we have the world Liberty Financial public sale starting October 15th open to everyone who qualifies through the white list and so I’m going to be explaining

what that means to be uh qualified through the white list they are also going to be hosting a Twitter spaces here on October 14th at 8: a.m. EST to provide more information so I’m going to provide all the information that I have today and so right now we can see the world Liberty Financial

white list is restricted to acCredited us investors defined by the SEC as those who have a Net Worth of at least 1 million or an annual Income of at least $200,000 and so as you can see here for the white list they are limiting this to high

Net Worth individuals we can see that the platform will be offering borrow and lending services for digital Assets on the ethereum blockchain and so they also have kyc as I mentioned for the WLFI governance token sale now there is WLFI tokens that already exist

however those are not the actual Tokens The Token is going to be launching on Tuesday however due to SEC regulations only a Credited investors can participate at this time and so not everyone’s going to be able to purchase this you have to be approved on the white list to

purchase WLFI token and so let’s go a and take a look at some more information here regarding the project the co-founders have revealed in an X Bas that this is the initial phase and there are plans for further sales with 63% of the token suppli to be sold in the public the remaining 37% will

be allocated between user rewards and the team the WLFI token will be used for governance allowing holders to vote on decisions for the platform’s development however these tokens will not be transferable for 12 months even if the community votes to allow transfers right so there’s a

lot of restrictions on this project you have to be a high Net Worth individual making at least $200,000 annually and then if you buy the tokens you cannot transfer the tokens for 12 months right all this is doing is buying you rights for the governance token to vote on the platform

and so the project will be rolled out in three stages first is going to launch the defi lending platform on ethereum layer 2 Network scroll similar to a so that users can lend and borrow none;">Cryptocurrencies such as Bitcoin ethereum and stable coins so the second phase will include integration with exchanges to offer on ramping and off- ramping Services alongside a stable based Credit for real world spending So eventually I do expect there to be another

token that has been launched on scroll that will provide more access to the public and so there has not been information released on that yet however based on what I am reading and understanding it does seem to be that way and so in the final stage the platform plans to fractionalize real world

Assets like hotels and sports clubs while obtaining regulatory licenses to serve as a settlement platform for stable coins and so the project has already started its first stage and is currently open to acCredited investors in the US as well as qualified investors

in the UK and other countries and so as I mentioned here the project is potentially launching on scroll now scroll is embarking on its first step towards decentralization this is a layer 2 none;">Cryptocurrency on ethereum and so they are excited to announce the launch of the scr token and so scroll is also launching their token here this has recently been listed on binance and is going to be listed on other exchanges here over the next couple of weeks and so we can see on

binance right now the scroll token is currently trading at a114 and so if you’re interested in buying the token there you can check it out on binance now I’d like to talk about the overall Market here let’s take a look at the bigger picture and so I’ve been around in

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrencies since 2017 right before the having is when I started to get involved in none;">Cryptocurrencies and so I do see a pattern taking place here right and so I definitely think this is something to be taking a look at we can see before the having in 2017 the yellow lines here are the havs that have taken place we can see before the having we did have a runup on the

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency market here and so we can see we pushed up there we did pull back down here after the having and then we bounced off this line right here and then we started to have a bigger push

up right this is the big portion of the bull market this is when a lot of altcoins had very good returns now we can see the same thing happening here again right during the 2021 having we could see that before the having here we had a run up and then we pulled back down and then we bounced off of

this support line and then we had a bigger move up right and a new top here or even here and then we pulled back now and we’re in 2024 right we had the having earlier this year we did have a run up before the having now we are pulling back and I am expecting to see a move up here and so I do

see some upside potential here coming up in q1 of 2025 right especially if we are following very similar patterns that we have in the past with the Bitcoin having and so we also have the election coming up here in a few weeks right that could have a big impact on the

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency market as well now if Donald Trump gets into office I think that will be very bullish for text-decoration: none;">Cryptocurrencies especially with the launch of world Liberty Financial as I mentioned there’s not a ton of details on this yet however the token sale is going to be launching here in 1 day and 16 hours from the time of recording now if you’re interested in

purchasing this here you can fill out the kyc verification process and then you can go through connecting a wallet now I do not say a ton of upside for this project right you are required to hold on to the tokens for 12 months you have to be a high Net Worth individual and so

personally I do not see a lot of upside for this I’d rather buy other Cryptocurrencies that have a lot of utility and can ride up and have a lot of growth over the next 6 months right I

think there’s a lot of other projects out there that have a lot of potential and so this is definitely higher risk if you are purchasing this token and so if you enjoyed this CashNews.co make sure to hit the like button and subscribe for future content and I hope to see you on the next

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