Donald Trump's family-owned World Liberty Financials token project faced challenges, achieving only 4% of its $300 million sales goal on the first day amid technical issues that limited user access.
WLFI Struggles with Initial Sales
The sale commenced at 12:40 UTC on Tuesday, offering about 792.36 million tokens and generating a total of $11 million. After a quiet launch, the project received support from around 3,000 unique wallets.
Weak Interest from Users
At the time of writing, 30 hours after the launch, Trump’s WLFI presale had raised $12 million, corresponding to 4% of the $300 million target. Trump will receive 75% of all revenues, including presale earnings, but initial costs will take out the first $30 million, which have not been covered yet.
Future of WLFI Project
The WLFI token is designed as a governance token that cannot be transferred on the platform. This aspect diminishes its appeal for investors looking for quick profits, as the current token price sits at $0.015, with buyers averaging investments below $1,000. World Liberty Financial aligns closely with Donald Trump’s campaign, maintaining promises to advance America into the crypto forefront.
Despite challenges at launch, the WLFI project's success may increase in the event of Donald Trump's election win. Public attention and investor support will play a key role in this process.