A mere day after the second assault plot targeting Presidential contender Donald Trump, the ex-president made his initial public appearance on September 16th.
He engaged in a prominent discussion facilitated by crypto influencer Farokh Sarmad on X.
Was Trump’s Live Transmission Unsuccessful?
While the event was initially set up as a debut for World Liberty Finance, a novel cryptocurrency platform associated with Trump’s kin, the former leader chose not to directly tackle the platform during the dialogue.
Interestingly, Trump publicized the live transmission as a “State of Crypto discourse,” yet it took 16 minutes before he mentioned the term.
“We will elevate our nation beyond previous levels, and you will be content, embracing your digital assets.”
Is the World Liberty Finance Token on the Horizon?
Furthermore, it was not until after over two hours into the stream that Zak Folkman, a key figure in the project, eventually disclosed, “there will be a token,” confirming the eagerly awaited information about the platform’s intentions.
Folkman, alongside data strategist Chase Herro, also divulged pivotal updates regarding the WLFI token allocation strategy.
They stressed that the token distribution would adhere to stringent oversight from the U.S. Securities and Exchange Commission (SEC), ensuring compliance with legal standards.
Folkman mentioned,
“No preliminary sales or advanced investor participations have been had.”
He further stated,
“It aligns with the fair distribution model seen in several DeFi projects currently launching.”
Token Particulars
Zak Folkman shared minimal insights on WLFI’s overall supply but highlighted the token’s “remarkably equitable distribution.” He revealed around 63% would be accessible for public purchase, with no prior sales or discounted openings for venture capitalists.
Earlier indications, however, had suggested that 70% of the token volume would be allocated to the team.
Despite these disclosures, there was no concrete data provided about the World Liberty Finance platform.
Evident Discrepancy!
This scenario presented a clear contrast to the aftermath of the initial assassination attempt two months back—where Trump gained attention as the keynote speaker at Bitcoin Conference 2024, positioning himself as the “digital currency advocate”—this time, the scenario was notably different.
Throughout his 45-minute speech, there was a glaring absence of updates regarding World Liberty Finance, prompting speculation about the project’s future trajectory.
Nevertheless, while Trump’s first assassination endeavor had a noticeable impact on his Polymarket standing, alongside Bitcoin [BTC] and the MAGA memecoin, this time, market response has been rather muted.
Trump currently sits in second place on Polymarket, with Harris taking the lead.
Bitcoin has also witnessed a decline, trading at $58,749, while the MAGA (Trump-inspired memecoin) has plunged by over 7% in the preceding 24 hours.
As developments continue to unfold, the lingering question pertains to whether Trump will reclaim his position as the “digital currency advocate,” or if Harris will emerge as the new frontrunner.