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Donald Trump’s WLFI-Backed USD1-Paired Meme Tokens See Early Investor Windfalls

  • USD1-paired meme coins, particularly from the BUILDon meme project on the BNB chain, have surged in popularity with over 50% of total meme coin trading volume on BNB dominated by these tokens.
  • BUILDon, accounting for over 90% of daily trading volume and 28.4% of all meme coin holders, has led to significant profits for early investors amidst the recent hype in the market.
  • Profit-taking activities may lead to short-term price corrections, posing risks for current holders and traders as many traders are sitting on profitable positions.
  • The stablecoin USD1 introduced by Trump-backed World Liberty Financial has seen rapid growth, with a market cap of $2.15 billion, making it the fifth-largest dollar-pegged token and gaining traction in the crypto market.

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