🚨🚨 ALARMING: Trump Family’s WLFI Tokens Raise $12.51M, But Less Than 1% of Supply Sold – Is This a Red Flag for Investors? 🚨🚨

According to data from search.ichainfo.com, the Trump family’s World Liberty Financial (WLFI) project has raised $12.51 million through token sales. However, on-chain data paints a more cautious picture: less than 1% of the total supply has been purchased so far, leaving many investors wondering if this project will live up to its ambitious goals.

What Is World Liberty Financial?

The WLFI project aims to build a blockchain-based lending platform, incorporating a credit account system developed on Aave and Ethereum. The governance token, WLFI, is set to officially launch on October 15, 2024, with investors able to buy in using ETH, USDC, USDT, and WETH—but only after passing KYC verification.

On-Chain Activity Raises Concerns

Data from the 0xe217e15b3c19cc0427f9492dc3bcfe8220afad10 smart contract reveals that funds are being transferred to the 0x5be9a4959308a0d0c7bc0870e319314d8d957dbb address, which distributes WLFI tokens in real time. Investors can track these transactions live, but here’s where it gets interesting—despite the $12.51M raised, over 99% of WLFI tokens remain unsold, with top addresses controlling the tokens without purchasing them.

Fundraising Target & Valuation

WLFI aims to raise $300 million at a $1.5 billion valuation, selling 20% of its token supply at an initial price of $0.015. But the fact that the top 22 addresses hold most of the supply—without buying it—has raised red flags in the community, suggesting these tokens might be under team control.

Investor Caution

With the majority of the token supply still unsold and skepticism building around its structure, many investors are hesitant to dive in. Is WLFI poised to become a groundbreaking blockchain innovation, or is it just another overhyped project with a shaky foundation?

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