World Liberty Financial’s Token Sale Stumbles Out of the Gate

World Liberty Financial’s Token Sale Stumbles Out of the Gate

World Liberty Financial, the cryptocurrency project backed by former US President Donald Trump, has had a less than auspicious start to its token sale. Despite launching at 12:40 UTC on Tuesday, the project has only managed to raise a paltry 4% of its targeted 20 billion tokens, with just over 792.36 million tokens sold as of this writing. This translates to a mere $11 million raised.

The underwhelming response comes amidst a wider slump in the crypto market and perhaps reflects a lack of investor confidence in the project itself. Time will tell if World Liberty Financial can recover from this sluggish start and achieve its fundraising goals. Stay tuned for further updates.