Token Airdrop
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World Liberty Financial to Airdrop 8.4 Million WLFI Tokens, Will Price Rally Halt?
Yahoo Finance· 2025-10-29 13:02
Group 1 - World Liberty Financial plans to airdrop 8.4 million WLFI tokens valued at $1.2 billion, targeting early participants in its USD1 stablecoin program [1][2] - The initial WLFI token distribution will occur across six exchanges: Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC [2] - The USD1 stablecoin is currently the sixth-largest stablecoin globally, with a market capitalization of $2.94 billion [4] Group 2 - The WLFI token has surged 20% over the past week, with daily trading volumes increasing by 27% to $266 million, indicating strong bullish momentum [5] - A key support zone for WLFI is identified between $0.14 and $0.15, while $0.19 is noted as a critical resistance level [6] - Analysts maintain a bullish outlook as long as WLFI holds above $0.15, with a target set above $0.19 for potential upward movement [7]
Polymarket Exec Confirms Token, Airdrop—After Prediction Market Returns to US
Yahoo Finance· 2025-10-24 14:44
Core Insights - Polymarket is preparing to launch a token and an airdrop for its prediction market, focusing on ensuring the token has "true utility" and "longevity" before rollout [1] - The immediate priority for Polymarket is to relaunch its product in the U.S. after a CFTC settlement effectively banned it in 2022 [1][2] - The platform has continued to grow despite challenges, becoming a trusted source for sentiment in U.S. elections [3] Company Developments - Polymarket was fined $1.2 million by the CFTC in 2022 for alleged violations, which led to its ban in the U.S. [2] - The company acquired derivatives exchange QCX in July, which received a no-action letter from the CFTC in September, allowing Polymarket to prepare for its U.S. relaunch [4] - CEO Shayne Coplan's home was raided by the FBI, with electronics seized, indicating ongoing scrutiny of the company [3] Token Launch Plans - The POLY token has been anticipated for some time, with indications that it will be launched after the U.S. reentry is secured [5] - Investors were reported to be offered token warrants in July, allowing them the right to purchase the POLY token upon its release [5] - Users on the platform have been engaging in farming strategies for a potential airdrop, with methods becoming more sophisticated over time [5]