World Liberty Financial Concludes $590M Token Sale, Boosted by Trump Family Meme Coins

World Liberty Financial, a crypto investment firm backed by former U.S. President Donald Trump, has successfully concluded a $590 million token sale for its $WLFI token. The total token supply is capped at 100 billion, with 20 billion tokens made available for sale in October at a price of $0.015 per token. The initial sale faced slow demand, but the launch of $TRUMP and $MELANIA, the Trump family’s in-house meme coins, significantly boosted the $WLFI token sale.

The first round of the token sale raised approximately $300 million. Subsequently, an additional 5 billion tokens were offered at $0.05 per token, raising another $250 million. Beyond this $550 million, notable investments were made by Tron founder Justin Sun, who contributed $30 million, and Web3Port, which invested $10 million. These investments secured Justin Sun a position as an advisor for the project. Zak Folkman, the co-founder of WLFI, has stated that the project aims to sell 63% of the total token supply. Currently, only 25% of the tokens have been sold, indicating that further rounds of token sales are likely to occur at potentially higher prices.

The significance of the WLFI token sale extends beyond its financial success. The fund is backed by Trump, who has become a strong advocate for cryptocurrency since his presidency. Additionally, World Liberty Financial is a prominent supporter of US-backed stablecoins and decentralized finance (DeFi) applications, aiming to bolster the US dollar. This is evident in WLF’s current portfolio, where approximately 20% of the total investment of $98 million is held in stablecoins, including $13.58 million in USDT and $6.25 million in USDC.

The total market supply of stablecoins is now around $219 billion, suggesting that the current cycle has not yet reached its full potential. Historical data shows that the supply during April 2022 was $187 billion before the markets turned bearish. The current supply has already surpassed this level and continues to grow, driven by institutional investors adding crypto assets to their portfolios at attractive prices. This trend is further supported by the significant decline in the value of $ETH, which has dropped by more than 50% in the last three months. WLFI holds $41 million worth of ETH, representing 40% of its portfolio.

Given the growing interest in cryptocurrency, there is a strong likelihood of higher price points for top altcoins and a potential rally. Investors looking to maximize their gains should consider investing in high-potential tokens during their presale phases, when they are available at their lowest prices. Some of the best presales to watch include BTC Bull Token ($BTCBULL), Best Wallet Token ($BEST), and Lightchain AI ($LCAI).

BTC Bull Token ($BTCBULL) is a Bitcoin-based meme coin that stands out by offering free Bitcoins to its token holders. The project provides airdrops of $BTC to holders who purchase and hold $BTCBULL in Best Wallet. These airdrops are tied to Bitcoin’s price milestones, such as $150K, $200K, and $250K. Combined with regular token burns, this strategy ensures that the price of $BTCBULL continues to rise as anticipation for airdrops increases. Currently, $BTCBULL is in presale at $0.002415 per token.

Best Wallet Token ($BEST) is the native token of the highly secure and user-friendly Best Wallet, a non-custodial and multi-chain crypto wallet. Buying $BEST tokens offers several benefits, including no gas fees on Best Wallet, handsome airdrop and staking rewards, early-bird access to the best meme coins, and regular market updates. The $BEST presale has already raised over $11 million, with each token currently available for $0.02435.

Lightchain AI ($LCAI) combines blockchain and AI technologies to build secure blockchains. The project rewards users who make meaningful contributions to AI development without compromising network security. The token is in Stage 15 of its presale, which has raised nearly $18 million. Each $LCAI token is currently selling for $0.007125, but the price is expected to increase as the token enters the next presale stage.

While Trump’s pro-crypto stance and push for crypto-friendly regulations in the U.S. bode well for the long-term outlook of cryptocurrency, the journey to the top may be marked by volatility and choppiness. Investors should be cautious and only invest amounts they are comfortable sidelining. It is crucial to conduct thorough research or consult a professional before making any investment decisions. The insights provided are not intended as financial advice but rather as honest observations.