US President Donald Trump and his family play a very important role in the cryptocurrency market.
Trump and his family not only supported and invested in Bitcoin and altcoins, but also launched their own cryptocurrency project.
At this point, Trump and his wife have their own tokens named $TRUMP and $MELANIA, while Trump and his family have a DeFi project called World Liberty Financial ($WLFI).
While $WLFI, $TRUMP, and $MELANIA tokens made a big splash in the market, bad news arrived for Trump and his family.
A cryptocurrency rating agency has given World Liberty Financial ($WLFI), a DeFi project linked to Trump, a ‘DDD’ rating.
According to DLNews, World Liberty Financial, a DeFi project linked to the Trump family, received a ‘DDD’ rating from the cryptocurrency rating agency CORE3.
This indicates that $WLFI is among the riskiest investments in the sector, with a high probability of capital loss.
World Liberty Financial’s probability of loss score of 68.01 and corresponding DDD rating places it among the 50 worst-rated projects in CORE3. Currently, the worst-rated project is RealT, a real estate investment platform.
Dyma Budorin, CEO of HAI Group, the company behind CORE3 and blockchain security firm Hacken, said that CORE3 evaluates the security and transparency of DeFi projects, exchanges, and crypto companies, and determines their risk ratings based on the probability of such losses.
Budorin stated that World Liberty Financial was among the 50 worst-rated projects in CORE3 with a probability of loss score of 68.01 and a corresponding DDD rating. The worst-rated project was RealT, a real estate investment platform.
CORE3 also analyzed the project’s pros and cons. “Pros: 1) Great importance is placed on user privacy. 2) High return rates for early investors. 3) Community-focused governance. / Cons: 1) Political connections lead to instability. 2) Poor token distribution favoring insiders. 3) Limited partnerships with major exchanges.”
*This is not investment advice.
