World Liberty Financial (WLFI) Token: Selling Well in the Market, Here's the Proof

BIttime - World Liberty Financial (WLFI) tokens are doing well in the market with over 96% sold. What makes it so popular? Check out the causal factors here!

In about four months since launch, more than 24 billion WLFI tokens have been sold, leaving less than 1 billion tokens still available. 

This surge sparked debate in the crypto community regarding the value and long-term prospects of the token backed by former US President Donald Trump and his sons.

WLFI Token Sales Soar Sharply

World Liberty Financial, which is touted as a future crypto platform, launched its governance token at a price of $0.05 (around Rp. 810) per token. 

This project targets raising funds of $300 million (around IDR 4.86 trillion) with a valuation of $1.5 billion (around IDR 24.3 trillion).

Since its debut last October, WLFI has had a slow start. However, in recent months, investor interest has increased rapidly, resulting in almost the entire token supply being sold out. 

Token holders can later submit and vote on platform change proposals, although their voting rights are limited and have no direct economic benefit.

Read also: Bitcoin Price Predicted to Rise to $500K, According to Standard Chartered Bank

Controversy and Pros and Cons Behind WLFI

Even though WLFI managed to score fantastic sales numbers, there are some big questions emerging in the crypto community. 

One of the main criticisms is that token holders cannot trade or sell their tokens back to World Liberty, which raises questions about its liquidity and long-term value.

Some analysts also question whether this project really aims to build a sustainable crypto ecosystem or is just a fundraising strategy. 

Venture capitalist Nic Carter expressed his concerns about the potential conflict of interest from Trump's involvement in the crypto world.

Support from Justin Sun and its Impact on WLFI

In the midst of this debate, the WLFI project received a big boost from well-known crypto figure, Justin Sun. The founder of the TRON blockchain has just increased his investment of $45 million (around IDR 729 billion) into this project. 

So, the total investment has now reached $75 million (around IDR 1.215 trillion). This move signals high confidence in WLFI's long-term potential.

Sun's presence in the project not only adds credibility to WLFI but also fuels speculation that the TRON network may collaborate with World Liberty Financial to increase the utility of the token in the future.

Read also: Today's Pi Network Price and Its History

Impact of WLFI on the Crypto Market

While WLFI experienced a successful sale, several tokens associated with Trump experienced extreme volatility. The TRUMP token, which is a Donald Trump-themed memecoin, skyrocketed to $75 (around IDR 1,215 million) before dropping drastically to $17 (around IDR 275,400). 

The same thing happened to the MELANIA token, which fell from $13.64 (around Rp. 220,968) to $1.26 (around Rp. 20,412).

These price fluctuations signal uncertainty in market sentiment, especially related to projects that have political involvement. 

Analysts from Bernstein call this phenomenon a “chaotic crypto era,” where the involvement of political figures could change the dynamics of future regulation and adoption of digital assets.

FAQ

1. What is the World Liberty Financial (WLFI) token?

WLFI is the governance token of the World Liberty Financial platform, which allows holders to propose and vote on changes in the platform ecosystem.

2. What is the initial price of the WLFI token?

WLFI is sold at $0.05 (around IDR 810) per token.

3. Can WLFI be traded on crypto exchanges?

Currently, token holders cannot trade or sell WLFI back to World Liberty, which raises questions about its liquidity.

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Reference 

NewsBTC, World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain, accessed February 19, 2025.

World Liberty Financial, World Liberty Financial Official Website, accessed February 19, 2025.

Author: Y