Less Than 1 Billion Tokens Remain
World Free Finance (WLFI), a forthcoming cryptocurrency platform recognized by Donald Trump and his sons, reported sales of its governance tokens rose sharply.
The initial launch was slow about four months ago, Bloomberg reported that the platform had sold more than 24 billion WLFI Tokenaccounting for more than 96% of its total supply. For now, there are still less than 1 billion tokens available for sale.
World Free Financial Token Sales Spark Debate
The global free finance token, priced at 5 cents, is part of a broader plan to raise $300 million at a valuation of $1.5 billion.
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The project launched a token sale in mid-October with the aim of making Token holder Propose changes to the platform and vote on other people’s suggestions.
However, the limited rights associated with WLFI tokens have attracted attention. Holders have the lowest voting rights, no economic rights, and the tokens cannot be traded or sold back to the world freedom, which prompts questions about their long-term value and utility.
Crypto entrepreneur Justin Sun, Tron founder Justin Sun Blockchainrecently disclosed a large investment of $45 million to the joint venture.
Justin Sun’s total stake in World Liberty Financial increased to $75 million, demonstrating confidence in the platform’s potential.
Trump and Melania tokens experience wild price fluctuations
Analysts speculate that Trump’s upcoming execution order may Cryptocurrency Landscape In the United States, doubts remain among veterans in the industry.
Venture capitalist Nic Carter expressed concern about the moral significance of the current president in engaging in businesses that may bring about conflicts of interest.
The launch of Trump’s memorials has also caused significant controversy. As mentioned earlier Report NewsBTC, Donald Trump Memecoin (Trump) declined sharply, down from a weekend high of $75 to $17.
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Similarly, Melania Trump Memecoin (Melania) has shattered the market with excitement from crypto investors, with its value falling from highs to the current $1.26.
Bernstein analysts describe this period as a “chaotic crypto era”, suggesting that government involvement in cryptocurrencies can redefine the relationship between leadership and emerging technologies.
They think Trump and Melania’s launch aldult It can mark a potential regulatory shift, positioning digital assets as a direct link to a wider audience.
According to Coingecko, Trump’s deals posted 6%, 2%, and 70% losses in 24-hour, fourteen-day and monthly timeframes, plus a 27% drop in trading volume. data.
Featured images from dall-e, charts from tradingview.com