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- 21:24Justin Sun: There are currently no plans to sell WLFI, and I believe WLFI is one of the most important projects in the crypto space.BlockBeats News, on September 1, Justin Sun posted on social media stating that he truly believes WLFI will be one of the largest and most important projects in the cryptocurrency space, and that he currently has no plans to sell the unlocked tokens anytime soon. He emphasized that the project's long-term vision is very strong and that he fully agrees with its mission. At the same time, to celebrate the launch of the WLFI token, he pledged to increase the total circulation of USD1 on the TRON chain to 200 millions USD. BlockBeats Note: Justin Sun is the largest individual investor in World Liberty Financial (WLFI). Through TRON DAO, he made two rounds of investment in November 2024 and January 2025, totaling 75 millions USD, purchasing approximately 3 billion WLFI tokens.
- 21:23Block drops over 30% in 24 hours, with current market capitalization at 111 million USDBlockBeats News, on September 1, according to GMGN market data, the token of the WLFI-related project Block has dropped by 33.52% in the past 24 hours. Its current market capitalization is reported at $111 million, and the token price is temporarily at $0.1093. BlockBeats Note: Block co-founder Matthew Morgan is an advisor to WLFI and also serves as the CIO (Chief Information Officer) of ALT5 Sigma, a Nasdaq-listed company that raised $1.5 billion to launch the WLFI treasury.
- 21:23Justin Sun: 25 million additional USD1 have been issued on the TRON networkBlockBeats News, on September 2, Justin Sun posted on social media that 25 million USD1 were newly minted on the TRON network, bringing the total supply of USD1 on the network to over 50 million.