World Liberty Financial (WLFI), a DEFI platform associated with Donald Trump, has a sudden increase in demand for the presale of his tokens.
The project initially sought to raise $ 300 million during its symbolic sale, but reduced its objective to $ 30 million after having encountered fundraising difficulties. However, on January 20, WLFI confirmed that it has successfully sold 20 % of its total token offer during its presale phase and revealed its intention to unlock an additional 5 % of tokens for sale due to the overwhelming demand.
He said:
“Excellent news!” 5 % additional of our tokens offer is now available on purchase on our website. We appreciate your massive support and are impatient to welcome so many new people in our community! »»
The project advised interested buyers to “buy only by using the link in our organic to avoid scams”.
Market observers have bounded an increased interest in Trump’s launch of an “official coin” on the Solana blockchain during the weekend. This has strengthened confidence in the crypto-positive perspectives of the elected president, much considering his influence as a growth catalyst in the blockchain industry.
Meanwhile, the sale of WLFI marks a complete reversal for a project that had previously experienced difficulties in its fundraising efforts.
Since Trump’s political victory in November, WLFI has experienced remarkable growth, its symbolic profits that increased by 95 % to 300 million dollars, according to Dune Analytics data.
The role of Justin Sun
In particular, one of the many believers at the token is Justin Sun, founder of the Blockchain Tron.
On January 20, he revealed that he had invested an additional $ 45 million in the DEFI platform following his previous contribution of $ 30 million. This brings total support for Tron to the project at $ 75 million.
He wrote:
“We continue to increase our investment in World Liberty Financial, with an additional $ 45 million, which brings total investment to $ 75 million.”
The Nansen blockchain analysis platform revealed that Sun had acquired 1 billion WLFI tokens for $ 15 million in USDT, thus consolidating Trondao as the largest independent token holder.
According to Etherscan data, Trondao has 3 billion tokens on the total offer of 100 billion WLFI, exceeding more than 34,000 other holders.
So then?
The recent actions of World Liberty Financial have aroused the curiosity of the cryptographic community as to the next stage of the project.
On January 19, the Blockchain Spotonchain blockchain analysis platform reported that the platform had made an important purchase of Ethereum, acquiring $ 20 million in ETH in just 20 minutes using $ 5 million USDC and 15 million USDT dollars.
With this purchase, World Liberty Financial has more than 46,000 ETH worth $ 157 million.
In addition, WLFI would have bought three areas Ethereum Name Service (ENS) – Trumpcoin.eth, Erictrump.eth and Barrontrump.eth – for key members of the Trump family. This decision suggests the intention of the project to create a stronger digital presence linked to its eminent personalities.
In the midst of all these activities, Donald Trump Jr., project advisor, said:
“World Liberty Financial will revolutionize DEFI/CEFI and will be the future of finance. We are only just starting!
