Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch

Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch
Donald Trump new cryptocurrency initiative, World Liberty Financial (WLF), has encountered significant challenges since its launch. According to a report by CNBC, the project aims to establish a crypto bank and was expected to attract considerable investor interest. However, the token sale, which began on Tuesday, was marred by website outages and technical issues, severely limiting participation. Trump Crypto Venture Faces Setbacks Zachary Folkman, co-founder of WLF, had previously indicated that over 100,000 individuals were on the whitelist for the investment opportunity. Despite this promising start, the reality was starkly different.  Related Reading: XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So As of Tuesday afternoon, blockchain data from Etherscan revealed that only about 4,300 unique wallet addresses held the WLF token, amounting to roughly 4% of the registered investors. The platform reported selling more than 532 million tokens at a price of 15 cents each, which represents less than 3% of the total 20 billion tokens available for public sale.  Throughout the day, users faced consistent disruptions, with the website often displaying a message stating, “We are under ..

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