365Crypto
Trump Promotes Crypto Token After Slow Start
Donald Trump turned to X (formerly Twitter) to promote World Liberty Financial, a crypto project supported by his family. This came after the project’s token sale raised just $9 million, far below its $300 million goal. Website issues during the launch also hurt sales.
WLFI Token Struggles
WLFI, a token designed for DeFi tasks like borrowing and lending, had a bumpy launch with multiple website crashes. Even after Trump’s push, sales didn’t pick up quickly. By the time he made his post, 540 million tokens had already been sold. Maybe what might have negatively influenced Trump’s Push is the community context on the tweet that reads: In the fine print it notes that the ‘token’ is not transferable and is locked in the wallet, so you cannot withdraw until this ‘scheme’ sees fit to allow it. Read the small print!
