World Liberty Financial, the decentralized finance project backed by Donald Trump, experienced a significant spike in token sales recently.
The surge in sales follows the launch of new meme coins by Donald and Melania Trump.
World Liberty Financial Adds More Tokens for Sale Following High Demand
World Liberty Financial, which had completed its initial token sale, announced that it sold 20% of its token supply. Due to high demand, World Liberty said on January 20 that it plans to release an additional 5% of its token supply.
“We’ve completed our mission and sold 20% of our token supply! Due to massive demand, we’ve decided to open up an additional block of 5%,” 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 tokens were priced at $0.05.
The surge in interest comes amid growing attention to meme coins, particularly those launched 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 have ignited a wave of excitement in the market, leading many to flock to Trump’s World Liberty Financial platform.
Moreover, Justin Sun, the founder of Tron, has also shown support for World Liberty Financial. Sun revealed that his company, Trondao, was investing an additional $45 million in World Liberty. This brings their total investment to $75 million.
“We are continuing to increase our investment in World Liberty Financial,” Sun posted on X.
The move signals 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 major purchase of 14,403 Ethereum (ETH), totaling $48 million. The company has not disclosed the specific reasons for the ETH acquisition, adding an air of mystery to its ongoing operations.
Eric Trump, Donald Trump’s son and advisor to World Liberty, hinted at further developments. On January 19, he wrote, “Wait until you see what they do tomorrow,” reposting the news on WLF’s ETH purchases.
In addition, crypto trader Ash revealed on X that World Liberty bought four ENS domains in the last 24 hours.
“Trump’s World Liberty Financial have bought 4 ENS domains in last 24hrs 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 over $45 million in altcoins, with key purchases including Ondo, Ethena, and Ethereum. The investment drove 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% over the past 24 hours.
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