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Trump-backed platform’s crypto token sale flatlines at M amid site jitters

Trump-backed platform’s crypto token sale flatlines at $10M amid site jitters

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Source: Coin Telegraph

A token sale for the Donald Trump-backed World Liberty Financial has faltered, so far only reaching 3.4% of its goal to sell $300 million worth of tokens.

The debut token sale for the Trump family’s crypto project World Liberty Financial has so far fallen flat, with the number of tokens sold reaching just over 3.4% of its $300 million goal after its website crashed.

The sale for WLFI, the platform’s token, went live on Oct. 15 with 20 billion tokens priced at 1.5 cents apiece up for grabs to the public — but 14 hours later, only 687 million, around $10.3 million worth, had been sold.

Etherscan data shows just 6,832 unique wallet addresses hold WLFI, far below the over 100,000 signups the project’s team touted they’d seen a day before the token’s launch.

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Author: Martin Young