World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain
World Liberty Financial (WLFI) has sold over 24 billion governance tokens, representing more than 96% of its total supply, with fewer than 1 billion tokens remaining. The tokens are priced at 5 cents each, aiming to raise $300 million at a $1.5 billion valuation. Token holders can propose and vote on changes, but possess minimal voting rights and no economic entitlements, raising concerns about long-term value. Justin Sun invested $45 million, increasing his stake to $75 million. Analysts speculate that upcoming executive orders from Trump may impact the cryptocurrency landscape, though skepticism exists regarding potential conflicts of interest. The TRUMP memecoin has seen significant price fluctuations, dropping from $75 to $17, while the MELANIA token fell from $13.64 to $1.26. Trading data indicates substantial losses for TRUMP in various time frames, contributing to a chaotic crypto environment that may influence regulatory shifts in digital assets.
