A notable increase in token purchases has been observed for World Liberty Financial, the decentralized finance initiative that counts Donald Trump among its supporters.
The surge in sales follows the launch of new meme coins by Donald and Melania Trump.
World Liberty Financial Adds More Tokens for Sale Following High Demand
In simpler terms, following the successful completion of their initial token offering, World Liberty Financial revealed they had sold 20% of their total token allotment. Due to overwhelming interest, they stated on January 20th that they intend to make available an extra 5% of their token supply.
Our task is now accomplished, and we’ve successfully sold 20% of our token inventory! Given the overwhelming interest, we’re pleased to announce that we’ll be releasing an extra 5% for sale,” the company shared on Twitter.
As reported on the World Liberty site, a total of 21.3 billion WLFI tokens have already been purchased. Currently, each token is valued at approximately $0.05.
The increased curiosity is occurring as there’s a rising focus on meme coins, notably those created by the Trump family. On January 20th, Melania Trump unveiled her latest meme coin, MELANIA, shortly following her husband who introduced his TRUMP token into the market.
As a crypto investor, I can’t help but be swept up in the buzz these launches have created, drawing me and countless others towards Trump’s World Liberty Financial platform.
Furthermore, it’s worth mentioning that Justin Sun, the creator of Tron, has expressed backing for World Liberty Financial. In a recent disclosure, Sun unveiled plans by his firm, Trondao, to invest an extra $45 million into World Liberty. This new investment pushes their cumulative investment to a total of $75 million.
“We are continuing to increase our investment in World Liberty Financial,” Sun posted on X.
The move signals Sun’s confidence in the company and its potential as Trump takes the Oval Office.
Independent sources report that World Liberty Financial has secretively invested a substantial sum of $48 million in 14,403 units of Ethereum (ETH). Exact motives behind this purchase remain undisclosed, fueling curiosity about the company’s strategic moves.
Eric Trump, a son of former President Donald Trump and an advisor to the organization World Liberty, suggested there might be more to come. On January 19th, he tweeted, “Keep an eye out for what they do tomorrow,” in reference to recent Ethereum (ETH) purchases made by WLF, which he subsequently shared on his feed.
As a crypto investor, I stumbled upon some exciting news yesterday: Ash, a fellow trader, disclosed on X platform that World Liberty recently acquired four Ethereum Name Service (ENS) domains within the past 24 hours. Quite intriguing, isn’t it?
A trader wondered if Trump’s World Liberty Financial Group recently purchased four ENS domains (WorldLiberty.eth, trumpcoin.eth, erictrump.eth, barrontrump.eth) in the last 24 hours indicates a potential launch of additional memecoins on the Ethereum network?
In December, World Liberty Financial allocated more than $45 million towards altcoins such as Ondo, Ethena, and Ethereum. These strategic acquisitions led the values of numerous tokens to reach unprecedented peaks. The query revolves around whether Liberty Financial’s actions could ignite a similar surge in the price of Ethereum this time around.
Ethereum was trading at $3,404 at press time, up 4% over the past 24 hours.
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2025-01-20 11:35