Donald Trump-Backed World Liberty Financial Off To A Slow Start — Raises Just 4% Of The Token Fundraising Target
Donald Trump-backed cryptocurrency project World Liberty Financial (WLFI) has been off to a slow start, managing to raise just 4% of its token presale target within the first 48 hours of its launch.
What happened: About $12.46 million worth of the platform’s WLFI governance token have been sold as of this writing, according to a Dune Analytics dashboard, well short of the $300 million target announced earlier.
Roughly 830.43 million tokens have been sold to 9,881 unique wallets, with the total number of sales closing in on 12,000. Each token costs $0.015 at the time of writing.
Adam Cochran, a cryptocurrency market observer and Trump critic, said on the flop start, “If you think “the markets” favor Trump being president, why aren’t accredited investors lining up to buy this project?”
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