The World Liberty Financial project, which actively supported by US presidential candidate Donald Trump and his familywas not very interesting to users. Public sale of tokens started October 15 at 12:40 UTC. During this time, a little more than 4% of the coins have been sold (851.02 million out of 20 billion). The cost of one 1 WLFI token is $0.015. The project planned to raise $300 million. Nevertheless, the amount is currently $12.77 million. According to official documents, in 2016, Trump spent for his presidential campaign of $43.5 million.
About 2,900 investors purchased more than 344 million WLFI tokens in the first hour, despite technical glitches on the site.
The low interest in WLFI may be explained by the fact that it is a governance token. That is, owners can participate in DeFi activities such as borrowing, lending, and creating liquidity pools. However, they cannot speculate on the price of the token or sell it at a higher price, which reduces the attractiveness of the asset for some investors.
World Liberty Financial is part of Trump’s campaign, in which he promises to make the United States a global leader in cryptocurrencies if he wins the November election.
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