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World Liberty Financial (WLFI), a next cryptocurrency platform approved by President Donald Trump and his sons, reported a significant increase in the sale of his governance tokens.
After a slow initial slow deployment about four months ago, Bloomberg reports that the platform sold more than 24 billion of its WLFI tokensrepresenting more than 96% of its total offer. In the current state of things, less than a billion tokens remain available for sale.
Sale of world freedom financial tokens Sparks Debate
The token World Liberty Financial, at a price of 5 cents each, is part of a larger initiative aimed at raising $ 300 million to an evaluation of $ 1.5 billion.
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The project launched its sale of tokens in mid-October, with the intention of allowing chip holders Propose changes to the platform and vote on the proposals of others.
However, the limited rights associated with WLFI tokens have raised concerns. Holders have minimal voting rights and no economic rights, and tokens cannot be exchanged or sold to World Liberty, which has aroused questions about their long -term value and usefulness.
Add to the plot surrounding the world of financial freedom, Crypto entrepreneur Justin Sun, founder of the Tron blockchainRecently revealed a substantial investment of $ 45 million in the company.
This increased Justin Sun’s total participation in World Liberty Financial at $ 75 million, indicating strong confidence in the potential of the platform.
Trump and Melania tokens experience wild price fluctuations
Analysts speculate that Trump’s future decrees could positively influence the cryptocurrency landscape In the United States, but skepticism remains among industry veterans.
Nic Carter, a venture capital, expressed his concerns concerning the ethical implications of an in-practice president engaging in commercial companies which could present conflicts of interest.
Trump’s same launch of the same has also aroused significant controversy. As before reported By Newsbtc, Donald Trump Memecoin (Trump) experienced a sharp drop, going from a summit of a weekend from $ 75 to $ 17.
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Likewise, Melania Trump Memecoin (Melania) disrupted the market with increased excitation among crypto investors, its value fluctuating considerably by $ 13.64 at its current negotiation price of $ 1.26.
Bernstein analysts characterized this period as a “chaotic cryptographic era”, suggesting that government participation in cryptocurrencies could redefine the relationship between leadership and emerging technologies.
They argue that Trump and Melania launches Same Could indicate a potential change in regulation, positioning digital assets as a direct link to a wider audience.
While negotiating at $ 17, Trump displays significant losses of 6%, 2% and 70% within the deadlines 24 hours a day, fourteen days and monthly respectively, associated with a 27% drop in negotiation volume, according to Coingecko data.
Dall-e star image, tradingView.com graphic
