Key Takeaways

High Valuation Target: The project seeks a $1.5 billion valuation on the Ethereum blockchain.
Weak Initial Sales: WLFI has sold only 3.75% of its total tokens, despite 344 million tokens being sold.
Limited Adoption: There are currently fewer than 10,000 WLFI holders, reflecting low initial interest.
Transfer Restrictions: WLFI tokens will be locked for transfer for 12 months, limiting immediate trading options.

Former U.S. President Donald Trump launched the World Liberty Financial (WLFI) token on October 15, 2024, marking a historic moment as it is the first crypto asset directly linked to a political campaign by a U.S. presidential candidate. The WLFI token aims to empower users financially and provide innovative solutions within the cryptocurrency space. This article will delve into the current WLFI token price and the ongoing WLFI token sale, featuring insights from WEEX crypto analysts.

What is World Liberty Financial (WLFI) Token？

Donald Trump’s latest cryptocurrency venture, World Liberty Financial (WLFI), was announced in September 2024. The project is centered around the mass adoption of U.S.-pegged stablecoins and aims to combat the global trend of de-dollarization, where countries are increasingly launching their own Central Bank Digital Currencies (CBDCs). The initiative is positioned as part of Trump’s broader strategy to reinforce the U.S. dollar’s dominance in global finance, particularly through the use of stablecoins.

Donald Trump’s WLFI Token Sale

The World Liberty Financial (WLFI) token sale, linked to Donald Trump, has drawn notable attention, partly due to Trump’s global profile and political connections. The token aims for an impressive $1.8 billion market capitalization, with $537 million worth of tokens allocated for the initial offering, making it one of the most anticipated crypto events of 2024.

So far, the project has sold 754.57 million WLFI tokens at a rate of $0.015 per token, generating around $11.33 million. This leaves a significant amount, with 19.44 billion tokens still available for purchase, as the project pushes toward its goal of selling 20 billion tokens to raise $300 million.

In the first hour of the sale, 344 million tokens were sold, but the website briefly crashed due to overwhelming traffic, reportedly receiving 72 million unique visitors. Despite the initial buzz and expectations of over 100,000 accredited investors, Etherscan data shows that only 8,454 WLFI holders exist at this time. While the token sale has shown potential, the current uptake has been slower than anticipated, suggesting that more effort will be needed to fully realize the project’s ambitious targets.

The coming days will likely determine whether this token sale can gain the momentum it needs to meet its lofty objectives.

Core Team Members of World Liberty Financial (WLFI)

Donald Trump: Chief Cryptocurrency Advocate
As the central figure of the WLFI project, Trump positions himself as the driving force behind the initiative, focusing on promoting the adoption of U.S.-pegged stablecoins and strengthening the U.S. dollar in the digital space.
Eric Trump: Web3 Ambassador
Eric Trump brings his business acumen to the project, focusing on blockchain innovation and the Web3 landscape, helping to bridge traditional markets with emerging crypto technologies.
Donald Trump Jr.: DeFi Visionary
Known for his active involvement in tech ventures, Donald Trump Jr. is responsible for shaping the decentralized finance (DeFi) aspect of WLFI, particularly exploring the credit account system and DeFi lending platforms.
Steve Witkoff: Head of Institutional Investment
A prominent real estate developer, Steve Witkoff oversees WLFI’s engagement with institutional investors, leveraging his extensive network and experience to attract large-scale funding.
Zach Witkoff: Head of Intelligence
Steve Witkoff’s son, Zach Witkoff, leads intelligence operations, focusing on strategic insights and market analysis to drive project development.
Alex Golubitsky: Legal Advisor, Co-founder of MetaleX Pro
As a co-founder of MetaleX Pro, a firm specializing in crypto governance consulting, Golubitsky ensures that WLFI operates within regulatory frameworks while maintaining legal compliance in its crypto offerings.
Gabriel Shapiro: Crypto Governance Consultant, Co-founder of MetaleX Pro
Shapiro contributes his expertise in crypto governance, helping WLFI implement sound decentralized governance practices, crucial for any DeFi platform.
Zak Folkman: Operations Manager
As an experienced entrepreneur and founder of a dating platform, Folkman manages daily operations, focusing on ensuring smooth project execution and user engagement.
Chase Herro: Digital and Strategy Officer, Pacer Capital
Herro, founder of venture capital firm Pacer Capital, leads digital strategy and marketing, ensuring WLFI gains visibility and traction within the crypto community.

Advisors:

Ogle: Cybersecurity Expert
Ogle has a track record of recovering over $400 million in stolen cryptocurrency. His expertise in security is vital for WLFI’s efforts to maintain trust and protect user assets.
Sandy Peng: Co-founder of Scroll (Ethereum Layer 2 network)
Peng brings expertise in scaling Ethereum-based solutions, working on expanding WLFI’s blockchain infrastructure through the Layer 2 network Scroll.
Alexei Dulub: Founder of Antivirus and PixelPlex
Dulub, founder of companies focused on blockchain technology and cybersecurity, supports WLFI with software development and secure infrastructure solutions, crucial for ensuring platform security and efficiency.

Donald Trump’s WLFI Token Price

Currently, the WLFI token is priced at approximately $0.000138, according to CoinMarketCap. This price is accompanied by a modest trading volume of about $46,538.60 over the past 24 hours, indicating a level of active market participation. The token is available for trading on Uniswap V2, a decentralized exchange that enables users to trade WLFI directly without the need for intermediaries.

How To Buy WLFI Token on WEEX?

Create an Account: Sign up for a WEEX account if you haven’t already. Complete the necessary KYC (Know Your Customer) verification process to ensure compliance with regulations.
Deposit Funds: Add funds to your WEEX account. You can deposit cryptocurrencies or fiat, depending on the options available on the platform.
Navigate to the WLFI Listing: Once your account is funded, go to the trading section and search for the WLFI token.
Place an Order: Choose the type of order you want to place (market or limit) and enter the amount of WLFI you wish to purchase. Confirm the transaction.
Review Your Purchase: After the order is executed, check your wallet on WEEX to confirm that the WLFI tokens have been credited.
Secure Your Tokens: Consider transferring your WLFI/USDT tokens to a secure wallet for long-term storage, especially if you’re not planning to trade them frequently.