One Day: $753 Raised by Trump-Backed World Liberty Financial

The public token sale of World Liberty Financial (WLFI) has generated $9.57 million, with 638,000,000 WLFI tokens sold as of this morning at 8:30 UTC+8. This decentralized finance (DeFi) initiative has Donald Trump's support. According to Wu Blockchain, despite the sale's many problems—including website outages—during debut, it has attracted a lot of attention.

World Liberty Financial, a DeFi initiative supported by Donald Trump, has raised $9.57 million (or 638,000,000 WLFI tokens) in its public auction as of this morning at 8:30 UTC+8. At the launch of the token sale, the website went down more than once. The first auction by WLFI aims to generate $300...

Launch day fundraising for the WLFI project was scheduled for $300 million. Its astounding $1.5 billion value is based on the 20% of its token supply that has been set aside for sale. Holders of WLFI, a governance token, will be able to take part in a range of DeFi activities, including borrowing and lending. Over 100,000 certified investors in the US have allegedly pre-approved the initiative, showing substantial early support.

A rising interest in cryptocurrency initiatives linked to notable personalities like Trump is evident from the sale's early success, despite the technological hurdles. Trump is the self-proclaimed "Chief Crypto Advocate," and his kids are the self-proclaimed "web3 ambassadors."

In keeping with the project's emphasis on governance and stability in the DeFi domain, the WLFI token is designed to be non-transferable and locked eternally. Everything is riding on WLFI's ability to reach its objectives and establish a strong foothold in the very competitive cryptocurrency industry.

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