Hmm, the WLFI, known as the Trump Family Project, actually has no legal relationship with the Trump family.
The project claims to be "the only DeFi platform inspired by Trump," and although on its official website, Trump is referred to as the chief crypto advocate, several of his sons hold the title of ambassador.
However, there is also a statement on their website saying that the Trump family has no relation to them, which is quite amusing, haha!
But it doesn't matter, this is the crypto world, expectations are more important, and everyone will choose what to believe!
I guess the next thing it will buy is $CRV or $UNI , what do you think?!
🔔 It currently holds $ETH $cbBTC $LINK $AAVE $ENA $ONDO
Let me take 10,000 USDT as an example: The spot trading fee is 0.1% per transaction, so the fee for one transaction is 10000 * 0.1% = 10 USDT. Buying and selling once each incurs a fee of 20 USDT, which shouldn’t be underestimated. If you trade once every 3 days, that’s 120 trades a year, resulting in fees of 20 * 120 = 2400 USDT, which accounts for 24% of your principal. If you trade once a week, that’s 50 trades a year, and the fees would still amount to 1000 USDT, accounting for 10% of your principal. If your principal is 100,000 USDT, then at the end of the year, you would lose 24,000 USDT just in fees, and after 2 years, that’s like losing a Tesla. What about contracts? The fees will be even higher. With 10x leverage on 10,000 USDT, the fee for opening and closing a position is principal * leverage * rate = 100 USDT (Taker rate 0.05%). Contract trading is usually more frequent, and if you trade once a day, in just 100 days, all your principal would be eaten away by fees. This is one of the reasons I don’t recommend contract trading; the fees are unbearable. You can roughly calculate based on your own principal and trading frequency to see how much of Binance's 1 billion US dollar annual profit is contributed by you. The main fees are like a dull knife cutting flesh, slowly eroding your principal while you remain unaware; it’s only when you calculate it closely that you realize how exaggerated it is.
All you need to do is register a new account and go through identity verification. You can ask family or friends you trust. If everyone around you is already registered, you can find an old account that hasn’t traded for over six months and rebind the commission relationship through an invitation link. There’s a 35% cashback, and I will settle it monthly by transferring directly to you via UID. Finally, please don’t find it troublesome; this is a one-time effort. If you don’t take this money, it will be taken by the exchange. It’s like buying insurance; it costs 10,000 when you buy through the insurance company, but if you buy through a friend, it’s also 10,000, but they can give you 2,000 as a commission, which is free money for you. Those who have activated the commission can receive an extra paycheck every month, and that feeling is great.
ULTI recommended stocks to the brothers last week, with a maximum increase of 30%. Some friends may have already closed their positions, while others may still be holding on, but now there’s another opportunity to get in! Last week, Musk showed some interest in the combination of AI + gamefi, and we can see that there are not many cryptocurrencies that meet this requirement. Among them, the most attractive and cost-effective one is ULTI! So, how much do you think the related tokens that Musk is optimistic about will increase? No need to say much, a tenfold increase should be fine!
So, ULTI is currently around 0.0163, go for the spot market directly, looking at a tenfold increase in the long run! Brothers, let's charge forward together with the big players!
Huge risks. XRP is crazily siphoning off the market, absorbing 200 billion in market value in less than a month, reaching 250 billion. Bitcoin's market value is 1.9 trillion, ETH 440 billion, Sol 130 billion. So much money has gone into chasing XRP, I'm really afraid XRP will crash the market. I hope this bubble of XRP bursts soon, one whale falls, and everything revives. Additionally, everyone can refer to the bull markets of 2017 and 2021, after XRP surges, it will fall very badly, the risks are immense. I don't know who is still chasing it; those who lose money in a bull market are generally these people. Always remember, buy when no one cares, sell when there is a clamor. Sol is ignored, I am buying. ETH has made some gains, but it's far from a clamor, I am also buying. Other small coins are also quietly being bought on dips, waiting for the next round of market explosion.