đ±đ„Donald Trumpâs WLFI Token Only Secures $9M in Sales After Several Outages
Republican presidential candidate #donaldtrump constantly promoted his crypto project, World Liberty Financial but its native #WLFI token didnât have a promising welcome as it suffered from website outage. The token also failed to raise $300 Million and ended up raising just $9 Million. WLFI token, which is being marketed as a governance token for DeFi activities such as borrowing, lending, and liquidity pooling, didnât live up to its expectations as the sale raised only $9 millionâfalling far short of its $300 million target. The project, which still is not fully transparent when it comes to vision, has allocated nearly 3% of the total tokens for public sale After Trumpâs post on X, the website experienced multiple outages, and no significant surge in sales were witnessed. In fact, more than 540 million tokens were already sold before his involvement. In the first hour, sales had gone to $5 million, but the website soon crashed, affecting further transactions. Co-Founder of Scroll Blockchain and now WLFI advisor, Sandy Peng, said that the outages was due to overwhelming demand,with the site seeing 72 million unique visits in the first hour. Over 100,000 people are listed, but only 6,700 token holders have been recorded on Etherscan so far, as a result of the crash.
With lack of transparency, exclusive first round participation for only accredited investors with a net worth exceeding $1 Million- Trumpâs project could not take off as was initially anticipated. #US #binance #elonmusk
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In recent years, we have noticed that the price of Bitcoin reaches its highest peak after halving Even in the area of encrypted currencies was not known at the time almost 3% of the world's population they were using encrypted currencies Currently, in the year 2023, we notice that this field has become well-known, and the percentage of the worldâs population using cryptocurrencies has increased by 10%, and the topic of halving has become more widespread, which will make investors and companies buy Bitcoin before halving. Which will lead to bull run before the halving date What do you think of this analysis?#BTC #xrp