World Freedom Token Sales Increase As Trump Launches Meme Coins
World Freedom Finance, the decentralized finance project backed by Donald Trump, has recently seen a massive increase in token sales.
The increase in sales follows the launch of new meme coins by Donald and Melania Trump.
World Freedom Financial adds more signs for sale following strong demand
World Liberty Financial, which has completed its first token sale, has announced that it has sold 20% of its token offering. Due to high demand, World Liberty said it plans to release an additional 5% of its token offering on January 20.
“We have completed our mission and sold 20% of our token supply! Due to high demand, we have decided to open 5% more blocks,” the company said on Twitter.
According to the World Liberty website, 21.3 billion WWFI tokens have been sold so far. At press time, the tokens were priced at $0.05.
The surge in interest comes amid increased attention for meme coins, particularly those initiated by the Trump family. Melania Trump launched her new meme coin, Melania, on January 20, a few days after her husband launched the TRUMP token.
These initiatives ignited a wave of euphoria in the markets, with many flocking to Trump's global financial freedom platform.
Moreover, Tron founder Justin Sun has shown financial support for Global Freedom. Sun stated that his company, Trondao, is investing an additional 45 million dollars in World Freedom. This brings their total investment to $75 million.
“We will continue to increase our investment in Global Freedom Finance,” Sun posted on X.
The move shows Sun's confidence in the company and its potential as Trump takes over the Oval Office.
Separately, according to Lookonchain, World Freedom Financial recently made a large purchase of 14,403 Ethereum (ETH), totaling $48 million. The company did not disclose specific reasons for the purchase of ETH, adding an air of mystery to its future operations.
Donald Trump's son and Global Freedom Advisor Eric Trump hinted at further developments. On January 19, he retweeted the news on WLF's ETH purchases, saying, “Wait till you see what they do tomorrow.”
Additionally, crypto trader Ash World Freedom has revealed on X that it has purchased four ENS domains in the last 24 hours.
“Trump's World Liberty Financial has bought 4 ENS domains in the last 24hrs WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth Do you plan to launch more memecoins and ETH?” The merchant asked.
In December, World Freedom Financial spent more than $45 million on key acquisitions in altcoins, including Ondo, Etena and Ethereum. The investment has boosted the value of several tokens to new highs. The question is whether Liberty Financial can inspire a similar rally for ETH this time around.
Ethereum was trading at $3,404 at press time, up 4% in the last 24 hours.
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