Weekly Hot Searches Optimistic Election Prospects Boost Cryptocurrency Surge WLFI and GOAT Deserve Attention

According to Coinjie.com:
The probability of Trump being elected as the President of the United States has reached a new high on Polymarket, with BTC surpassing 68,000 USDT this week.
Author: Alex Liu, Foresight News
Graphics: Kiet, Foresight News
Note: “Weekly Hot Search” statistics are based on user search results from Foresight News from last Friday to this Thursday (October 11th to October 17th), with the merging of uppercase and lowercase letters for the same concept.
Sui Tops the Hot Search List
“Sui” has been continuously rising in popularity, ranking first on the hot search list.
I have published a comprehensive guide on participating in the Sui ecosystem on X, feel free to check it out. For the latest updates on the Sui ecosystem, I recommend reading: What makes the reputation marketing platform invested by Sui developers unique? 6degrees plans to use artificial intelligence and Sui blockchain to disrupt the $15 billion reputation marketing industry.
Currently, Sui’s popularity remains high, overshadowing other public chains. However, Aptos, one of the twin stars of Move, has been making frequent moves in terms of coin price and ecosystem. It is worth paying more attention to it. In the current stage of Aptos’ blue ocean ecosystem with less competition, there may be unexpected gains. Recommended reading: Gold Rush Handbook | Airdrops and high-yield opportunities not to be missed on Aptos


Optimistic Outlook and Cryptocurrency Surge


The probability of “Trump” being elected as the President of the United States has recently reached new highs on Polymarket (cryptocurrency prediction market). Due to Trump being seen as a candidate friendly towards cryptocurrencies, the market has been on the rise this week, surpassing the 68,000 USDT mark.
Although Trump’s presidency is favorable for cryptocurrencies, are his supported cryptocurrency projects reliable?
WLFI
World Liberty Financial (WLFI), a cryptocurrency project supported by the Trump family, has announced its vision to become a one-stop service platform for DeFi. It aims to combine leading technology in the blockchain industry with strategic partnerships and extensive distribution channels to achieve mass adoption. WLFI also plans to launch a governance platform to shape the protocol through governance. Additionally, WLFI plans to operate independent “instances” on Ethereum and Scroll, subject to approval through the WLFI governance platform.
The project has attracted professionals in the industry: According to The Block Pro, Rich Teo, the former CEO of blockchain financial services company Paxos, has joined WLFI as the head of stablecoins and payment business.
However, the project’s public token sale has performed poorly: According to CoinDesk, WLFI, the cryptocurrency project supported by the Trump family, sold only 4% of its expected token sale target within the first 24 hours. WLFI sold over 792.36 million tokens, raising 11 million USD, which fell short of its 300 million USD target. The price per token was 0.015 USD, and the average value of tokens purchased by holders was less than 1,000 USD.
This may be related to its stringent token terms: According to the updated terms and conditions of the WLFI token sale, WLFI is intended solely for governance and not as an investment instrument. All WLFI tokens are currently locked indefinitely in wallets or smart contracts and are non-transferable. Unlocking the transferability of WLFI through the protocol governance process in the future must meet the following conditions: ensuring compliance with applicable laws for at least 12 months after the token sale is completed. Due to the non-transferability of the tokens, the company has not taken any action and has no plans to create a secondary market for the tokens. Token purchases are non-refundable unless required by applicable law. WLF reserves the right to refuse or cancel token purchase requests.
According to documents, approximately 30 million USD of the initial revenue has been designated as reserve funds for operating expenses and other financial obligations. DT Marks DEFI LLC, a Delaware company associated with Trump, will receive 75% of the net protocol revenue. The Trump family will receive 2.25 billion WLFI tokens, valued at approximately 337.5 million USD based on this week’s issuance price of 1.5 cents. The remaining 25% of net protocol revenue will belong to AMG (Axiom Management Group), a Puerto Rican company fully owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its profit-sharing rights to WC Digital Fi, an affiliated company of Trump ally and political donor Steve Witkoff and some of his family members.
This means that Trump-affiliated companies will receive 75% of the net income from WLFI without assuming any responsibility.
GOAT
The popularity of “Meme” is still on the rise. Is it really the “Meme Super Cycle”? The latest hot topic is the AI-involved meme coin “Goat”. Recommended reading: “Riding the Narrow ‘GOAT’ under my crotch towards the endless abyss” – an overview of GOAT’s timeline and future vision.
More Hot Search Terms
The “Puffer” claim window is now online. After claiming, you can pledge PUFFER to participate in governance through vePUFFER, increase rewards, and earn more points.
StakeStone has announced its support for the Trump family’s cryptocurrency project World Liberty Financial (WLFI) and will collaborate with its official partner “Scroll” and AAVE on related liquidity cooperation. More details will be disclosed later.
At the “10th Blockchain Global Summit” hosted by Wanchain Blockchain Lab, Hong Kong Legislative Council Member (Technology and Innovation) Charles Mok stated that “he hopes Hong Kong can surpass Switzerland in terms of wealth management density in the future. The government will consult on legislative proposals for regulating off-exchange transactions of virtual assets and introduce independent regulatory ordinances for virtual asset custody services in the next stage.”
According to a report by Sing Tao Daily, CMB Wing Lung Bank has officially launched virtual asset exchange-traded fund (ETF) trading services in the Hong Kong stock market and has become one of the first Chinese-funded banks in the “Hong Kong” region to provide virtual asset ETF trading services.
Uniswap’s development team Uniswap Labs has announced the launch of its self-owned Layer 2 network “Unichain”. The network is built on Optimism’s OP Stack technology and is planned to go live on the testnet on October 10th, with the mainnet launching later this year. Unichain will introduce several technological innovations, including a trusted execution environment (TEE) for block construction developed in collaboration with Flashbots, as well as a community verification network. TEE is expected to shorten block construction time to 200-250 milliseconds, significantly faster than the Ethereum mainnet and other Layer-2 networks.
Modular data layer CARV has announced the transfer of 1.2% of CARV token distribution to Aethir for staking pools. Users will have the opportunity to stake their CARV tokens and earn veCARV, holders of veCARV will have voting rights within the CARV ecosystem. CARV states that cooperation with Aethir enables them to more effectively support game developers and ensure that part of the tokens is used to promote game development and innovation.
This week’s hot searches also reflect a trend: the popularity of “Ton” is declining.