Trump Encryption Project Increases WLFI Token Supply! Justin Sun: Inject another 45 million magnesium into WLFI

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ABMedia
01-21
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The crypto project supported by the Trump family, World Liberty Financial (WLFI), announced on Twitter on 1/20 that it would increase the token sale quota to meet market demand, raising the price from 1.5 cents to 5 cents, a 230% increase. TRON founder Justin Sun, who serves as the project's chief advisor, also announced an additional $45 million investment in the project.

WLFI Token First Round Sale Completed, Additional Amount Earns $250 Million

WLFI announced on 1/20 that the project's first round of token sales has been completed, with 20% of the total WLFI token supply sold, raising $300 million. Due to strong market demand, they have decided to add an additional 5% of token supply and increase the WLFI token price from the original 1.5 cents to 5 cents.

World Liberty Financial Announces Additional Token Sales

This means that the additional 5 billion tokens will bring in an additional $250 million in revenue for WLFI. According to WLFI's official statement, the first round of token sales was only open to accredited US investors and non-US citizens, which was one of the reasons for the previous lackluster performance of WLFI token sales.

WLFI Current Token Price at 5 Cents

TRON Founder Justin Sun Increases Investment

In this additional sales round, TRON founder Justin Sun has once again become the center of attention. He announced on 1/19 on Twitter that he has invested an additional $45 million into the Trump project, bringing his total investment to $75 million, making him the largest investor in WLFI. Last November, Sun had already spent $30 million to purchase WLFI tokens, which immediately earned him an invitation from Trump to become an advisor for the World Liberty Financial project.

Justin Sun Invests an Additional $45 Million to Purchase WLFI Tokens

Trump Son Predicts Big Move, Buys Ether in Bulk

According to Lookonchain on Twitter, the Trump project has again invested $20 million to purchase 6,041 ETH on 1/19. Trump's son, Eric Trump, also retweeted this post, announcing to the public, "Stay tuned."

According to ARKHAM data, the Trump project currently holds 42,149 ETH, worth approximately $141 million. Although ETH saw a brief rise after the Trump project's purchase, its price performance has not seen a significant uptick, currently trading in the $3,300 to $3,500 range.

ETH Remains Stagnant, Trading in the $3,300 to $3,500 Range

(Gold Bull Peter Schiff on $TRUMP Surge: Why Doesn't Trump Media Emulate Microstrategy's Flywheel Strategy?)

Risk Warning

Cryptocurrency investments carry a high degree of risk, and their prices may fluctuate dramatically. You may lose your entire principal. Please carefully evaluate the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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