CandleFocus How is Trump’s World Liberty Financial crypto doing?
2024-11-11
Author: Content Editor
Donald Trump's World Liberty Financial crypto project is struggling to meet its reduced goal of selling 2 billion tokens worth $30 million. The project initially aimed to sell 18.92 billion tokens worth nearly $300 million. So far, World Liberty Financial has only sold 1.08 billion tokens, raising $16.2 million. The project faces challenges due to its red flags, including a lack of profit-sharing privileges for token holders and the involvement of individuals associated with a failed DeFi protocol. Galaxy Digital also warned that the project was more of an idea than a protocol. The project aims to democratize access to financial assets and compete with established DeFi networks.
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