|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
World Liberty Financial (WLFI) Token Sale Success and Additional Offering
Jan 21, 2025 at 03:15 am
World Liberty Financial (WLFI), a DeFi project associated with former US President Donald Trump, has added more time for the token sale as investors are very interested.
World Liberty Financial (WLFI), a decentralized finance (DeFi) project linked to former US President Donald Trump, has extended its token sale due to high demand from investors.
On January 20, 2025, the platform announced an additional 5% increase in the supply of its WLFI token after selling 20% of the total allocation. This follows the increased adoption of meme coins in the crypto space, especially those related to the former president and his family.
World Liberty Financial, launched in October 2024, aimed to raise $300 million from 20 billion tokens in its initial decentralized exchange (DEX) offering. The project reportedly completed the offering, leading to people's interest in it.
Now, World Liberty Financial is opening another 5 billion tokens for purchase. These tokens are available at $0.05 each, bringing the total volume sold to 25 billion WLFI tokens.
However, this extended sale comes with certain risks that may be encountered. World Liberty Financial has advised people to purchase tokens only from the official website to avoid being scammed by fraudulent parties that have emerged due to the increasing interest.
The WLFI token primarily serves as a governance token within the World Liberty Financial ecosystem, granting its holders voting rights. However, it does not provide any ownership rights or the ability to operate tokens in the business's day-to-day functioning.
The Trump Family’s Impact on WLFI Token Demand
The high demand for WLFI tokens aligns with the recent surge in other meme coins linked to Donald Trump and his family members.
The launch of the TRUMP meme coin earlier this year, on January 1, 2025, also saw its growth, reaching a valuation of $75 billion two days after its launch. This has driven interest from other crypto projects in the Trump brand and is now positively impacting World Liberty Financial's token sale.
Moreover, high-profile investors, such as Justin Sun of Tron, have joined the project, adding to its credibility. Sun announced that he increased his investment in World Liberty Financial by $45 million, bringing his total investment in the company to $75 million. This backing serves as a clear indication of the sponsors' confidence in the project's future growth.
Additionally, World Liberty Financial has been purchasing Ethereum (ETH) and other altcoins, suggesting a continuous expansion of its crypto portfolio.
World Liberty Financial’s Strategic Partnerships and Future Plans
The growth of World Liberty Financial also includes partnerships with other cryptos, such as the TRUMP meme coin. The project also leaves room for more possibilities, with Eric Trump, son of the former president, teasing potential future plans for the platform.
The company's recent purchases of Ethereum and several ENS (Ethereum Name Service) domains, such as “worldliberty.eth”, ‘’trumpcoin.eth”, ‘’erictrump.eth”, and “barrontrump.eth”, could hint at new projects and further involvement in the crypto space.
BREAKING 🚨Trump’s World Liberty Financial have bought 4 ENS domains in last 24hrs
WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth
Are they planning to launch more memecoins and on ETH ? pic.twitter.com/Fu6PlBKZ9T
It's important to note that the WLFI token sale is non-transferable, and its main purpose is to govern the World Liberty Financial platform. The project has also integrated KYC and AML procedures in the token purchases to meet the standard legal requirements.
Overall, the token sales, strategic partnerships, high-profile investors, and World Liberty Financial's broader business development indicate that the DeFi sector is gathering pace, fueled by the community and investment from industry names.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Ripple's Platinum ABA Membership Positions the Company as a Key Player in the Evolving Landscape of US Banking and Cryptocurrency Adoption
- Jan 21, 2025 at 11:05 am
- Ripple's recent elevation to platinum membership in the American Bankers Association (ABA) marks a pivotal step in the company's strategy to integrate its payment solutions