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World Liberty Financial’s WLFI Sale Hits Only 3.4% of Target

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By on October 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post World Liberty Financial’s WLFI Sale Hits Only 3.4% of Target appeared first on Coinpedia Fintech News

The token sale for World Liberty Financial, backed by Donald Trump, has struggled to gain traction, achieving only 3.4% of its $300 million target, with just over $10 million raised. Launched on October 15, the WLFI token sale faced immediate setbacks, including a website crash due to high traffic. Despite promoting over 100,000 signups, only 6,832 unique wallets hold WLFI tokens. The tokens, serving as governance assets for an Ethereum-based decentralized finance platform, are restricted to accredited U.S. investors. Trump’s sons are listed as “Web3 Ambassadors,” with Trump himself promoting the initiative.

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