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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

XRP Ledger Reaches 3 Billion Transactions Milestone

chest

The XRP Ledger has achieved a remarkable milestone by crossing 3 billion cumulative transactions.

user avatarNguyen Van Long

Cardano's Blockchain Verification Infrastructure Deployed by Major Retail Group

chest

A major retail group has successfully deployed blockchain verification infrastructure built around Cardano's ecosystem, enhancing the verification of authenticity, origin, and sustainability claims within supply chains.

user avatarSatoshi Nakamura

MoonPay Introduces PayBox: A New Era for Crypto Payments in Chatbots

chest

MoonPay has launched PayBox, a payment tool designed to let crypto transactions happen directly inside Grok AI chatbot workflows.

user avatarJesper Sørensen

Defillama Releases New Report on Industry Metrics

chest

A new report has been released by Defillama, focusing on key metrics in the industry. This report aims to provide insights into the current trends and developments.

user avatarRajesh Kumar

Farside Enforces a Rigid Editorial Policy.

chest

Farside has announced a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance reporting quality and build audience trust.

user avatarLucas Weissmann

New SEC Report Published.

chest

A report has been released based on information provided by the SEC, aimed at informing the public and increasing transparency regarding its activities.

user avatarFilippo Romano

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.