Surge in WLFI Token Sales After Trump's Memecoins Launch

user avatar

by Giorgi Kostiuk

2 years ago

The World Liberty Financial DeFi project has reported a significant increase in sales of its governance tokens following the launch of memecoins linked to Donald and Melania Trump, as announced on social media.

World Liberty Financial Token Sales Increase

According to an announcement on platform X, World Liberty Financial successfully sold 20 billion tokens, representing 20% of its total supply of 100 billion tokens. Due to high demand, an additional 5 billion tokens (5% of the supply) are now available for sale.

Tron DAO Investments and Justin Sun's Role

Tron founder Justin Sun revealed on platform X that Tron DAO has invested an extra $45 million in WLFI, increasing its total investment to $75 million. Sun became an advisor to World Liberty Financial in November following an initial $30 million investment from his project.

Impact of Trump's Memecoins Launch

The surge in WLFI token sales coincided with the launch of Trump's memecoins. Donald Trump introduced the 'Official Trump' memecoin, which quickly rose to a peak of $72 and is currently trading at $44. Its market cap is about $8.8 billion, with a fully diluted valuation (FDV) of $44.1 billion. Melania Trump also launched her memecoin 'MELANIA', which has an FDV of $7.6 billion and is experiencing significant price fluctuations.

The increase in WLFI token sales and the launch of Trump's memecoins indicate high market interest and the considerable impact of crypto initiatives linked to well-known figures, affecting both token pricing and the investment climate.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Faces Major Decline Following Hot CPI Data

Bitcoin has dropped significantly, trading at just over $69,300 after the latest consumer price index results came in hotter than expected.

user avatarMaria Fernandez

AI Agents May Become New Bitcoin Users with pi402

The introduction of pi402 may lead to autonomous AI agents becoming a new category of Bitcoin users.

user avatarGustavo Mendoza

Lightning Labs Unveils New Bitcoin Payment Technology for AI Agents

Lightning Labs has launched pi402, a new technology enabling AI coding agents to make payments directly using Bitcoin.

user avatarRajesh Kumar

Chainstack Expands Incident Report on Security Breach

Chainstack has updated its incident report detailing an October security breach caused by access control failures.

user avatarMiguel Rodriguez

Sygnum Launches ETH Alpha Fund Targeting 8-10% Annual Returns

Sygnum has launched its ETH Alpha Fund targeting annual returns of 8-10% for professional investors, combining staking with various strategies.

user avatarLuis Flores

Chainlink and Moody's Ratings Complete Crosschain Distribution Pilot

Chainlink and Moody's Ratings have successfully completed a pilot project utilizing the CrossChain Interoperability Protocol to distribute credit information across multiple networks.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.