This week, Donald Trump's cryptocurrency project World Liberty Financial faced significant issues during its token sale launch, possibly affecting the former president's future political plans.

World Liberty Financial Falls Short of Expectations

Donald Trump's cryptocurrency project, supported by his sons, encountered regular and lengthy outages during the token sale launch on October 15. According to co-founder Zachary Folkman, over 100,000 people signed up for the investment whitelist, yet only 4,720 unique addresses purchased the tokens. This represents just over 4% of the registrants. Token sales have covered only 3% of the planned 20 billion tokens.

Impact of Outages on Donald Trump

An early whitepaper contained a disclaimer stating the project is not owned or operated by the Trump family, although they may be compensated. Market experts consider the project's timing before the elections as an attempt by Trump to gain support from crypto enthusiasts. However, the troubled start might negatively impact his community perception. The project also has connections to the DeFi protocol Dough Finance, which was hacked in July.

Donald Trump's Election Odds

Despite the project's issues, Polymarket data shows Trump’s election odds remain strong. Support from Congress has bolstered his prospects, and crypto investors continue to anticipate his potential industry impact. According to an eToro report, many US retail investors are rebalancing their portfolios in anticipation of upcoming changes.

The initial setbacks of the World Liberty Financial cryptocurrency project could influence Donald Trump's political future. Amidst political uncertainty, cryptocurrencies are becoming a popular hedging tool for investments.