September 18, 08:22

JUSTICE token jumps 743% after Assange says “I’m back”

WikiLeaks Founder Says "I'm Back." A Token Most People Forgot Existed Jumps 743%

Beincrypto

Julian Assange returned to X with a two-word post saying he was back. AssangeDAO (JUSTICE) then rose 743% in 24 hours. Assange said his last personal post came in 2018. The defense campaign ran the account as @DefendAssange during the intervening period. The silence therefore lasted eight years. Assange has kept a low profile in Sydney since a 2024 plea deal freed him. JUSTICE averaged under $800 in daily turnover over the past month. Turnover reached roughly $231,000 during the surge. Liquidity remains thin in absolute terms. Most trading ran through a single Uniswap pool. The token's fully diluted valuation is near $2.5 million. The token trades about 95% below its February 2022 record. AssangeDAO launched in February 2022 to fund Assange's legal defense. Supporters pooled 16,593 ETH. The ETH was worth about $53 million then. Supporters bought an NFT from the artist Pak. The Wau Holland Foundation later spent the proceeds on legal costs. Visa, Mastercard and PayPal cut WikiLeaks off in December 2010. WikiLeaks started accepting Bitcoin in June 2011. Satoshi Nakamoto opposed that decision at the time. Nakamoto wrote that WikiLeaks had “kicked the hornet's nest” and that the swarm was heading toward Bitcoin users. Assange later credited the donations with keeping WikiLeaks funded. Assange claimed returns close to 50,000%. An anonymous donor sent 8 BTC in 2024 to clear Assange's roughly $500,000 charter-flight debt. Crypto donations reached Venezuela within days of its June earthquakes. JUSTICE appears to trade on that history rather than on fresh project development.

This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.