World Liberty Financial announced that the presale process of the Trump family crypto project $WLFI token has been greatly accelerated after the emergence of $TRUMP and $MELANIA tokens. World Liberty Financial has also revealed that the $WLFI token funds have been raised and the presale price is $0.015.
President-elect Donald Trump launched his own memecoin $TRUMP, days before his inauguration and the incoming first lady Melania Trump launched $MELANIA memecoin after. The emergence of these memecoins has driven demand and interest in the $WLFI tokens as Donald Trump’s inauguration takes place today.
World Liberty Financial (WLFI) accelerates its presale process
We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply. Please be patient while our team works to relaunch the sale. We’ll share updates here as soon as…
— WLFI (@worldlibertyfi) January 20, 2025
The World Liberty Financial (WLFI) has advanced its presale process and confirmed that there will be 100 billion WLFI tokens. WLFI also revealed that it had set its presale price at $0.015. The firm disclosed that the number of WLFI holders exceeded 34,000, of which TRON DAO was the largest independent buyer with 3 billion tokens.
World Liberty Financial also revealed they had opened up an additional block of 5% of token supply. The crypto project argued that they increased their token supply due to massive demand and overwhelming interest. The crypto project also acknowledged that they completed their mission and sold 20% of their token supply.
WLFI had recently addressed queries regarding its recent crypto transactions on January 15. The firm stated that it was making routine movements of its crypto holdings as part of regular treasury management. According to WLFI, the transactions were payment of fees and expenses. WLFI also said it was addressing capital requirements.
The crypto project clarified that they were not selling tokens, but were just reallocating assets for ordinary business purposes. WLFI said the actions were intended to be part of maintaining a strong, secure, and efficient treasury.
The DeFi project announced last November that TRON DAO had invested $30 million to become its largest investor. The TRON network has already raised $90 million from sales of WLFI. The crypto project also plans to acquire Tron (TRX) tokens for its treasury. Although the firm had concluded its presale, it has disclosed an additional supply of WLFI tokens. TRON (TRX) blockchain founder Justin Sun is also the advisor to the WLFI ecosystem and has just spent $15M USDT to buy $1B WLFI.
The Trump-backed WLFI is also evaluating a proposal from Ethena Labs submitted on December 18. Ethena Labs proposed to add sUSDe to World Liberty Financial’s upcoming update to its Aave platform.
WLFI believes that staking sUSDe into WLFI’s Aave instance will provide users with increased liquidity and more diverse collateral options. The crypto project also acknowledged that the collaboration will allow both firms to manage their funds, secure loans, and participate in other financial activities more efficiently.
TRUMP and MELANIA tokens accelerates WLFI presale
After Trump announced the launch of his TRUMP token on Friday, TRUMP went from a few cents to $33.87 in less than 24 hours. The president-elect revealed the coin on X while the industry moguls celebrated his return to office at the inaugural Crypto Ball in Washington, D.C.
“$Trump is currently the hottest digital meme on earth and I truly believe that @WorldLibertyFi will revolutionize DeFi/CeFi and will be the future of finance.”
~ Donald Trump Jr.
Melania announced the launch of her own crypto token on January 20 called MELANIA. According to the Wall Street Journal, the launch of the MELANIA token led to a 45% decline of the TRUMP token before it regained its value. Data from Dexscreener also highlighted that MELANIA token achieved a valuation of $12 billion in less than three hours of launch.
CoinGecko data showed that TRUMP traded at around $72 on Sunday and dropped below $39 that evening. The drop wiped out $6 billion of Trump’s meme coin market value. Data from CoinGecko also showed that the Trump token had a market cap of nearly $13 billion before $MELANIA launched and was till that time the 19th most valuable form of crypto in the world. At the time of publication data from CoinMarketCap revealed the TRUMP token is currently valued at $52.95, which reflects a 40% increase over the past 24 hours.
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Source: https://www.cryptopolitan.com/trump-and-melania-memecoins-accelerates-wlfi/