World Liberty Financial, the DeFi project backed by Donald Trump, has recently seen a significant increase in Token sales.
This increase follows the launch of new Meme Coins by Donald and Melania Trump.
World Liberty Financial Adds More Tokens After High Demand
World Liberty Financial has just completed its first Token sale, Notification sold 20% of Token supply. Due to high demand, on January 20, World Liberty said it would release 5% more Token resources.
“We have completed our mission and sold 20% of the Token supply! Due to strong demand, we have decided to open an additional 5% block,” the company said on Twitter.
According to the World Liberty website website21.3 billion WLFI Tokens were sold. At the time of writing, the Token price is 0.05 USD.
This increased interest comes amid increased attention on Meme Coin coins, especially those launched by the Trump family. Melania Trump launched her new Meme Coin, MELANIA, on January 20, just days after her husband launched the TRUMP Token.
These launches created a wave of excitement in the markets, causing many to flock to Trump’s World Liberty Financial platform.
Furthermore, Justin Sun, founder of Tron, has also shown support for World Liberty Financial. Sun revealed that his company, Trondao, is investing an additional $45 million in World Liberty, bringing the total investment to $75 million.
“We continue to increase our investment in World Liberty Financial,” Sun posted on X.
The move shows Sun’s confidence in the company and its potential as Trump enters the White House.
According to information from LookonchainWorld Liberty Financial recently made a large transaction worth 14,403 Ethereum (ETH), a total of 48 million USD. The company has not disclosed a specific reason for this ETH purchase, creating an air of mystery to its current operations.
Eric Trump, son of Donald Trump and advisor to World Liberty, has hinted at upcoming developments. On January 19, Mr write“Wait till tomorrow to see what they do,” retweeted the news about WLF’s ETH transactions.
Additionally, crypto trader Ash revealed on X that World Liberty purchased four ENS domains in the past 24 hours.
“Trump’s World Liberty Financial bought 4 ENS domains in the last 24 hours: WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth are they planning to launch more memecoins on ETH?,” the trader said. pandemic asked.
In December, World Liberty Financial spent more than $45 million buying altcoins, with key purchases including Ondo, Ethena and Ethereum. The investment has caused the prices of some Tokens to increase. The question is whether Liberty Financial can create a similar breakout for ETH this time.
Ethereum is trading at $3,404 at the time of writing, up 4% in the past 24 hours.