Donald TrumpMelania Trump’s own memecoin, which bore her name before her presidency, created a great impact in the cryptocurrency market. World Liberty Financial (WLFI) governance token sales reached record levels following these developments. The DeFi project announced on Sunday that 20 billion tokens were sold, corresponding to 20 percent of the total supply. Due to high demand, another 5 percent of the supply was put on sale.
WLFI Token Sales Gained Acceleration
World Liberty Financialgained great momentum in token sales. WLFI sales revenue increased from $91 million on Saturday to $254 million on Sunday. According to on-chain data, WLFI has more than 34 thousand owners in total and more than 44 thousand 500 transactions have been made.
One of the important supporters of this rise is the founder of Tron. Justin Sun happened. Sun announced that it invested another $45 million in WLFI. Thus, Tron DAO’s total investment in the project reached 75 million dollars. Sun joined the WLFI project as a consultant in November last year.
Trump and Melania’s Memecoins Attracted Great Interest
On the other hand, Trump and Melania Trumpattracted attention with their launch of memecoin. Trump’s memecoin called “Official Trump” increased in value in a short time. Memecoinrose as high as $72 but is currently trading around $52. The market value of the token is calculated as 8.8 billion dollars. Its fully diluted market value is $44.1 billion.
However, Melania Trump’s “MELANIAThe memecoin called ” was also met with great interest. The diluted market cap of the token reached $7.6 billion. Price fluctuations continue and the token remains popular among investors.
All these developments belong to the Trump family cryptocurrency market once again revealed its impact on him. The success of World Liberty Financial and the rapid rise of Trump-tagged memecoins are considered the beginning of a new era in the cryptocurrency market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
