The World Liberty Financial project, which is actively supported by U.S. presidential candidate Donald Trump and his family, has not garnered much interest from users. The public sale of tokens began on October 15 at 12:40 UTC. During this period, just over 4% of the coins have been sold (851.02 million out of 20 billion). The price of one WLFI token is $0.015. The project aimed to raise $300 million. However, as of now, the total amount stands at $12.77 million. According to official documents, in 2016, Trump spent $43.5 million on his presidential campaign.
Approximately 2,900 investors purchased over 344 million WLFI tokens within the first hour, despite technical issues with the website.
The weak interest in WLFI may be due to the fact that it is a governance token. This means that holders can participate in DeFi activities such as lending, borrowing, and creating liquidity pools. However, they cannot speculate on the token's price or sell it for a higher price, which diminishes the asset's appeal to some investors.
World Liberty Financial is part of Trump’s campaign, where he promises to make the U.S. a global leader in cryptocurrency if he wins the election in November.
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