Trump Tokens Outperform After US President Teases ‘Tariff Dividends’ – Crypto News – Crypto News
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Trump Tokens Outperform After US President Teases ‘Tariff Dividends’ Trump Tokens Outperform After US President Teases ‘Tariff Dividends’

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Trump Tokens Outperform After US President Teases ‘Tariff Dividends’ – Crypto News

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9 months ago

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WLFI and TRUMP are leading the altcoin market today, surging 24% and 20% respectively.

The crypto market is rebounding after news broke that the U.S. government may soon reopen, and tokens linked to President Trump are leading the market after he floated the idea of stimulus checks funded by tariff revenue.

Bitcoin is up just over 1% today, but World Liberty Financial (WLFI) and the TRUMP memecoin are two of today’s top performers, rallying 24% and 20%, respectively, over the last 24 hours.

Top trending altcoins – CoinGecko

The president made waves this weekend on Truth Social, where he posted, “People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price…A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”

Treasury Secretary Scott Bessent later walked back some of the president’s bold claims in an interview, saying, “The $2,000 dividend could come in lots of forms. It could be just the tax decreases that we are seeing.”

Despite the large move, it is unclear why the two tokens are outperforming.

World Liberty Financial, which launched its token in September, is Eric Trump’s DeFi startup. WLFI opened up at a massive $8 billion market capitalization and has struggled to live up to the high expectations. WLFI currently changes hands at $0.16, or a $4.3 billion market capitalization.

TRUMP, on the other hand, is tied directly to President Trump and is his official memecoin, launched days before his inauguration in January. The TRUMP token is largely credited as the blow-off top for the memecoin cycle, as it stealth-launched at a $400 million valuation and skyrocketed to a $75 billion valuation in just 72 hours; however, the memecoin space has been noticeably slower since the token launched, and TRUMP has slowly trended lower to a $9 billion valuation.

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