World Liberty Financial, a DeFi-platform associated with Donald Trump is experiencing a surge in the demand for their token pre-sale.
The original target was $300 million, but after fundraising difficulties the goal was reduced to $30. On Jan. 20 WLFI announced that 20% of their total supply of tokens had been sold during the pre-sale period. They also revealed plans to release an extra 5% due to overwhelming demand.
The statement is:
“Great news! An additional 5% of our token supply is now available to purchase on our website. We appreciate the overwhelming support and look forward to welcoming so many new people to our community!”
This project advises interested buyers. “only purchase using the link in our bio to avoid scams.”
Market observers have linked the sudden heightened interest to Trump’s launch of an “official meme coin”The Solana chain was accessed over the weekend. This bolstered confidence in the President-elect’s crypto-positive outlook, with many viewing his influence as a catalyst for growth in the blockchain industry.
Meanwhile, WLFI’s sell-out marks a complete turnaround for a project that had previously struggled in its fundraising efforts.
Since Trump’s political win in November, WLFI has experienced remarkable growth, with its token profits increasing by 95% to $300 million, according to Dune Analytics data.
Justin Sun’s role
Justin Sun, the founder of Tron Blockchain, is one of many who believes in this token.
He revealed on Jan. 20 that he had invested $45 Million in addition to his $30 Million contribution. This brings Tron’s total backing of the project to $75 million.
“He wrote:
“We are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million.”
Nansen, a blockchain analytics platform, revealed Sun had purchased 1 billion WLFI for USD $15.
According to EtherScan data, TronDAO owns 3 billion tokens out of WLFI’s total supply of 100 billion, surpassing over 34,000 other holders.
Next?
World Liberty Financial’s recent actions have sparked curiosity within the crypto community about the project’s next move.
SpotOnChain announced on January 19th that they had purchased a large amount of Ethereum in only 20 minutes, using USDC of $5 million as well as USDT of $15 million.
World Liberty Financial now owns 46,000 ETH, worth over $157 Million.
In addition, WLFI has reportedly purchased three Ethereum Name Service (ENS) domains—trumpcoin.eth, erictrump.eth, and barrontrump.eth—for key members of the Trump family. This move suggests the project’s intention to create a stronger digital presence tied to its prominent figures.
Donald Trump Jr., a project advisor, said:
“World Liberty Financial will revolutionize DeFi/Cefi and will be the future of finance. We are just getting started!”
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.