WLFI Token Sees 19% Spike Ahead of World Liberty’s Mar-a-Lago Forum Today

The WLFI token has appreciated by 19% in value as investors prepare for the crypto conference. World Liberty Financial is scheduled to host its much-awaited Mar-a-Lago forum, with many anticipating major announcements for its ecosystem.

World Liberty Conference Sparks WLFI Token Price Surge

As per the data provided by CoinMarketCap, the coin is moving with positive momentum, appreciating by 19% as it aims to regain its former highs. This comes as a result of the Mar-a-Lago crypto forum discussions scheduled to take place later today, February 18.

Notable Wall Street executives and investors will gather to talk about the “future of finance and technology.” Among the scheduled speakers at the World Liberty Forum are the CEOs of Goldman Sachs and Franklin Templeton. The president of the New York Stock Exchange, the CEO of the Nasdaq, and Trump-appointed CFTC Chair Michael Selig would also be speaking.

The political connections of the project have also drawn more attention, leading to speculations before any possible announcements. On-chain activities have also contributed to the story. According to Onchain Lens, 313.31 million WLFI tokens valued at $33.76 million had been withdrawn from Binance in 11 hours.

However, there has not been a clear reason for this transaction. Some experts are speculating that it could be connected to a possible update that is soon to be released at the conference. World Liberty has become an essential part of the Trump family’s wealth since it was established, which sparked controversy.

There is an ongoing investigation concerning an investment vehicle that is linked to a member of the royal family of Abu Dhabi. They allegedly purchased a 49% equity stake in WLFI For $500 million.

Expected Announcements at Mar-a-Lago

The excitement, as reflected in the price of the WLFI token, is largely fueled by some updates expected to be rolled out at the forum. For example, the company announced that it would roll out its World Swap Forex service. However, did not provide enough information. Co-founder Zak Folkman explained at the time that more information would be provided at the forum.

Additionally, investors are also waiting for an update on the RWA products launch.  World Liberty said it would roll these offerings out in January but not much information has been provided yet.

Lastly, there may be further clarification on the ongoing accusations against the Trump-related company. This includes the accusations by Senator Warren that the President would be able to control his own financial company via a national regulator.