Key Takeaways:
- Token Sale Success & Price Hike: World Liberty Financial, backed by Donald Trump, sold out its initial 20% token presale and launched an additional 5% supply at a 230% price increase, raising $250M.
- High-Profile Investors: Tron founder Justin Sun increased his investment in the project to $75M, signaling strong confidence in its prospects.
- Ecosystem Expansion: Strategic partnerships, including with TRUMP memecoin and Melania Trump’s token launch, have bolstered interest in the Trump-backed crypto ecosystem.
World Liberty Financial (WLFI), a decentralized finance platform endorsed by Donald Trump, announced a sold-out presale of its tokens and launched a new round at a higher price due to strong demand.
Initially, 20% of its 100 billion WLFI tokens were sold at 1.5 cents each, raising $300 million.
We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply. Please be patient while our team works to relaunch the sale. We’ll share updates here as soon as…
— WLFI (@worldlibertyfi) January 20, 2025
Following the sellout, an additional 5% of tokens (5 billion) were released at 5 cents each—a 230% price increase—targeting $250 million in additional funding.
The token sale, initially restricted to U.S.-accredited investors and non-U.S. citizens, has gained traction with support from major figures, including Tron founder Justin Sun, who increased his stake to $75 million.
The WLFI token will serve as the governance token for a yet-to-be-launched decentralized trading platform, though it is currently non-transferable.
In parallel, World Liberty Financial partnered with TRUMP, the official memecoin linked to the president-elect, which saw a brief surge to $73 after its debut before falling to $41.
Adding to the ecosystem, Melania Trump introduced her own memecoin, further drawing attention to the project.
The initiative reflects growing interest in the intersection of blockchain and high-profile endorsements within the crypto space.