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Trump-backed crypto token sells just 2% of initial target amid scaling setbacks

Trump-backed crypto venture struggles to meet fundraising target despite lowered expectations

  • World Liberty Financial’s token sale has reached only 1.35 billion tokens, representing 2% of its initial target
  • The project repeatedly reduced its token sale target from 63 billion to 2 billion tokens
  • Five wallets control 23% of total token sales, with the largest holding 193,000 tokens
  • A Trump-affiliated firm is allocated 22.5 billion tokens, exceeding public allocation by 10x
  • The same firm is positioned to receive 75% of protocol revenue upon launch

Trump-Backed Crypto Project Falls Short of Sales Targets Amid Multiple Goal Revisions

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World Liberty Financial’s cryptocurrency project, endorsed by Donald Trump, has achieved sales of approximately 1.35 billion tokens, marking significant shortfalls against both initial and revised targets.

Shifting Sales Targets

The project initially announced a public sale target of 63 billion $WLFI tokens during an X (formerly Twitter) Spaces call featuring the Trump family’s endorsement.

This target underwent multiple downward revisions: first to US/Gold-paper.pdf”>35 billion in the ‘Gold Paper’, then to 20 billion on the website, and finally to 2 billion in Securities and Exchange Commission filings.

The project maintains inconsistent information across its platforms, with the token sale terms and conditions still listing 35 billion tokens while the website displays 20 billion.

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Concentrated Holdings

Analysis from a Dune dashboard created by ‘Seoulcalibur.eth’ reveals significant token concentration, with five wallets controlling over 23% of total sales.

The largest single wallet holds more than 193,000 tokens, raising questions about distribution centralization.

Governance Structure and Revenue Distribution

Despite marketing itself as a governance token, $WLFI’s structure raises concerns about actual public influence.

A Trump-affiliated entity has been allocated 22.5 billion tokens, which represents more than ten times the amount available for public sale.

This same entity is positioned to receive 75% of the protocol’s revenue upon launch.

Market Reception

The current sales figures of 1.35 billion tokens represent approximately 68% of the final revised target, indicating challenges in market adoption.

The multiple revisions to sales targets and inconsistent documentation across platforms have created uncertainty around the project’s trajectory.

The substantial token allocation to Trump-affiliated interests has prompted discussions about the true nature of the token’s governance model and its alignment with decentralization principles.

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