World Liberty Financial, the decentralized finance project backed by Donald Trump, has recently seen a significant increase in token sales.
The increase in sales follows the launch of new meme pieces by Donald and Melania Trump.
World Liberty Financial Adds More Tokens for Sale Following High Demand
World Liberty Financial, which had completed its first token sale, announced that it had sold 20% of its token supply. Due to high demand, World Liberty announced plans on January 20 to release an additional 5% of its token supply.
“We have completed our mission and sold 20% of our token stock! Due to massive demand, we have decided to open an additional 5% block,” the company said on Twitter.
According to the World Liberty website, 21.3 billion WLFI tokens have been sold so far. At press time, the token price was $0.05.
This renewed interest comes amid growing attention to meme coins, particularly those started by the Trump family. Melania Trump launched her new meme coin, MELANIA, on January 20, just days after her husband launched his TRUMP token.
These launches sparked a wave of enthusiasm in the market, leading many people to flock to Trump’s World Liberty Financial platform.
Additionally, Justin Sun, the founder of Tron, also showed his support for World Liberty Financial. Sun revealed that his company, Trondao, is investing an additional $45 million in World Liberty. This brings their total investment to $75 million.
“We continue to increase our investment in World Liberty Financial,” Sun posted on X.
The move speaks to Sun’s confidence in the company and its potential as Trump takes the Oval Office.
Separately, according to Lookonchain, World Liberty Financial recently made a large purchase of 14,403 Ethereum (ETH), for a total of $48 million. The company did not disclose the specific reasons for acquiring ETH, adding an air of mystery to its ongoing operations.
Eric Trump, son of Donald Trump and adviser to World Liberty, hinted at new developments. On January 19, he wrote, “Wait and see what they do tomorrow,” reposting the news about WLF’s ETH purchases.
Additionally, crypto trader Ash revealed on X that World Liberty purchased four ENS domains in the last 24 hours.
“Trump’s World Liberty Financial purchased 4 ENS domains in the last 24 hours WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth Are they planning to launch more memecoins and on ETH?,” the trader asked .
In December, World Liberty Financial spent more than $45 million on altcoins, with key purchases including Ondo, Ethena and Ethereum. The investment propelled the prices of several tokens to new highs. The question is whether Liberty Financial can inspire a similar rally for ETH this time.
Ethereum was trading at $3,404 at press time, up 4% in the last 24 hours.
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