Justin Sun Secures $145 Million in WLFI Tokens During Launch, Driving Crypto’s USD1 Stablecoin Surge

During the recent launch of World Liberty Financial (WLFI), Justin Sun, founder of Tron, secured a significant portion of the token supply – 600 million tokens worth $145 million. This allocation, representing 3% of the initial 20 billion tokens unlocked, positions him as a key player in the project’s governance. Market activity was robust, with trading volume exceeding $2.57 billion within 24 hours and market capitalization reaching $6 billion. The USD1 stablecoin on Tron saw significant adoption, generating over $25 million in value within a day.