Trump's WLFI website crashes after token sale goes live with 2,987 holders

A wallet connected to the token holds nearly $4 million in ETH, $1.2 million USDT and around $250,000 in USDC.

The sale went live at 12:40 UTC, with more than 344 million of the platform's $WLFI tokens sold in the first place, blockchain data shows.

World Liberty Financial, backed by the Trump family, reported that it had whitelisted more than 100,000 accredited US investors ahead of its token launch on Tuesday.

Trump is the project's "leading crypto advocate." Two of his sons, Eric and Donald Trump Jr., are "Web3 ambassadors," while Barron holds the title of "DeFi visionary."

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