World Liberty Financial (WLFI), a DeFi platform associated with Donald Trump, is experiencing a sudden surge in demand for pre-sales of its tokens.
The project initially sought to raise $300 million in its token sale, but reduced its goal to $30 million after encountering fundraising difficulties. However, on January 20, WLFI confirmed that it had successfully sold 20% of its total token supply during its pre-sale phase and revealed plans to release an additional 5% of tokens for sale due to overwhelming demand.
He declared:
“Excellent news! An additional 5% of our token supply is now available for purchase on our website. We appreciate your overwhelming support and look forward to welcoming so many new people to our community! »
The project advised interested buyers to “only purchase using the link in our bio to avoid scams.”
Market observers linked the sudden increased interest to Trump’s launch of an “official coin” on the Solana blockchain over the weekend. This has boosted confidence in the president-elect’s crypto-positive outlook, with many viewing his influence as a catalyst for growth in the blockchain industry.
Meanwhile, the sale of WLFI marks a complete turnaround for a project that had previously struggled in its fundraising efforts.
Since Trump’s political victory in November, WLFI has seen remarkable growth, with its token profits increasing 95% to $300 million, according to data from Dune Analytics.
The role of Justin Sun
Notably, one of the many believers in the token is Justin Sun, founder of the Tron blockchain.
On January 20, he revealed that he had invested an additional $45 million into the DeFi platform, following his earlier contribution of $30 million. This brings Tron’s total support for the project to $75 million.
He wrote:
“We continue to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million.”
Blockchain analytics platform Nansen revealed that Sun acquired 1 billion WLFI tokens for $15 million in USDT, cementing TronDAO as the largest independent token holder.
According to data from EtherScan, TronDAO owns 3 billion tokens out of WLFI’s total supply of 100 billion, surpassing more than 34,000 other holders.
And then?
World Liberty Financial’s recent actions have sparked curiosity among the crypto community about what’s next for the project.
On January 19, blockchain analytics platform SpotOnChain reported that the platform made a large purchase of Ethereum, acquiring $20 million worth of ETH in just 20 minutes using $5 million USDC and $15 million of USDT dollars.
With this purchase, World Liberty Financial owns over 46,000 ETH worth $157 million.
Additionally, WLFI reportedly purchased three Ethereum Name Service (ENS) domains – trumpcoin.eth, erictrump.eth and barrontrump.eth – for key members of the Trump family. The move suggests the project’s intention to create a stronger digital presence linked to its prominent figures.
Amid all this activity, Donald Trump Jr., advisor to the project, said:
“World Liberty Financial will revolutionize DeFi/Cefi and will be the future of finance. We’re just getting started!
