Cancel Preloader
Please enter CoinGecko Free Api Key to get this plugin works.

Trump-Backed World Liberty Financial Buys BUILDon Token, Sending the Price Up 1,340%

 Trump-Backed World Liberty Financial Buys BUILDon Token, Sending the Price Up 1,340%

Finance

Share this article

By Oliver Knight|Edited by Stephen Alpher

Updated May 22, 2025, 2:23 p.m. Published May 22, 2025, 2:00 p.m.

(World Liberty Financial)
  • World Liberty Financial announced the purchase of BUILDon (B) token on Wednesday, sparking a 1,340% move to the upside.
  • Daily trading volume rose from below $100 million to $1.2 billion over the past 24 hours.
  • The project now holds 636,000 tokens valued at $172,000.

World Liberty Financial, the crypto project backed by U.S. President Donald Trump’s family, announced Wednesday that it bought BUILDon (B), sparking a 1,340% move in the BNB Chain token.

The purchase came after BUILDon announced it would be using WLFI’s USD1 stablecoin to create real-world use cases.

Story continues

Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to ourterms of useandprivacy policy.

“We just bought some $B to support the BUILDon team,” World Liberty Financial wrote in a social media post. “Love seeing projects choose $USD1 as their base pair — faster settlement, deeper liquidity, and growing every day. We hope to see more tokens make the switch,” the post added.

Data from Arkham shows that World Liberty Financial holds 636,000 B tokens valued at $172,000.

Prior to the purchase, the B token was valued at around $40 million in terms of market cap, attracting less than $100 million in daily trade volume. That volume figure over the past 24 hours surpassed $1.2 billion following World Liberty Financial’s announcement.

The majority of that volume has taken place on decentralized exchange Pancakeswap, which is BNB Chain’s answer to Uniswap. It is not yet listed on any major exchanges.

Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.

Oliver Knight

  

Oliver Knight

https://4second.com

Related post

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.