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Trump-Backed World Liberty Financial Buys BUILDon Token, Sending the Price Up 1,340%
The token had a market cap of just $40 million before the purchase.
Updated May 23, 2025, 5:09 p.m. Published May 22, 2025, 2:00 p.m.
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What to know:
- 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.
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World Liberty Financial, the crypto project backed by U.S. President Donald Trump's family, announced Wednesday that it bought , 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.
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"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.
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