Donald Trump’s World Liberty Financial Token Sales Hit $220M In First Hour, Website Faces Multiple Outages
Donald Trump’s family project World Liberty Financial (WLFI) hit the floors, with its token sale reaching $220 million in value within first hour despite website crashes.
What Happened: The WLFI token sale started with more than 344 million tokens sold to around 3,000 unique wallets. CoinDesk reported that a wallet associated with the token holds nearly $4 million in Ethereum (CRYPTO: ETH), $1.2 million in Tether (CRYPTO: USDT), and around $250,000 in USD Coin (CRYPTO: USDC) tokens.
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The WLFI token will serve as a platform governance token, enabling users to engage in borrowing, lending and other DeFi activities. The…
