Why Trump's crypto project didn't see the expected attention: There are 3 reasons

The World Liberty Financial project, which Donald Trump, one of the US presidential candidates, "will be effective in America's crypto center", did not receive the expected attention in the first days. While only 4% of the tokens put up for sale are still bought, experts are citing 3 reasons.

World Liberty Financial, the decentralized finance project announced by Donald Trump in the summer, has not yet received the expected attention. In the project, where only 4% of the supply was sold as of the first 3 days, only 850 thousand units of 20 billion (pre-sale supply) tokens were sold.

SEC restrictions, site collapse, Trump mass...

Experts, on the other hand, attribute the lack of interest in the project to 3 reasons. The first of these is shown as the restrictions of the SEC. As it is known, the US Securities and Exchange Commission (SEC) limited its participation in this project in the first place only to accredited investors. This investor group should have a fortune of at least $1 million, as well as having an annual salary income of at least 200 thousand dollars ($300 thousand in married couples). The fact that these salaries and incomes are also earned for more than 2 years is one of the conditions...

According to analysts, this harsh restriction may have kept the investment in the project low.

According to Nansen analyst Edward Wilson; It was a surprise to him that he had so little interest. "So the Trump audience is not so dependent on crypto, even though a crypto-friendly policy is being pursued," Wilson said. Therefore, along with the SEC restrictions, the Trump mass's lack of interest in crypto is seen as a reason.

Another issue was that the World Liberty Financial website collapsed for a while on the day the pre-sale began. The inability of users who cannot access the site to make purchases may have reduced their token sales.