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Trump family gets 75% of crypto coin revenue, has no liability, new document reveals(www.cnbc.com)

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EndOfLine@lemm.ee
31 points

WLFI has a current value of $0.0000000000034 USD.

That’s about 3 billion WLFI for 1 penny. What a deal!

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JohnEdwa@sopuli.xyz
17 points

According to this article, they “sold 846.63 million tokens valued at $12.7 million” on the first day, leaving “19.1 billion coins worth $287 million unsold”.
At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.

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sugar_in_your_tea@sh.itjust.works
16 points

Sounds like a penny stock, I should dump my life savings into it, right?

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Dozzi92@lemmy.world
6 points

Hey, I made a bunch off a penny stock once time. Ignore that I’ve invested in penny stocks more than once.

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