Donald Trump’s latest venture into the cryptocurrency space, the World Liberty Financial (WLFI) token sale, encountered significant obstacles during its October 15 launch.

Despite heavy promotion and Trump’s personal endorsement, the sale saw only 3-4% of its goal achieved, raising approximately $9-10 million out of the expected $300 million.

Technical difficulties, including multiple website crashes, further hindered investors’ ability to participate effectively. These issues sparked skepticism about the platform’s technical readiness and viability​.

The WLFI token, designed to operate as a governance tool in a DeFi ecosystem, is not available to U.S. residents and is only accessible to accredited investors due to its classification as a Regulation D asset.

This lack of general availability, along with the absence of a comprehensive white paper, has raised concerns within the crypto community. Furthermore, Trump’s sons, Donald Trump Jr., Eric Trump, and Barron Trump, are deeply involved in the project, but the unclear future of the token has led to questions about its long-term success​.

While Trump’s support for cryptocurrency has grown during his 2024 presidential campaign, using WLFI to appeal to tech-savvy voters, the project’s early struggles have left many wondering if it will recover from this rocky start. Some market analysts have even advised investors to consider alternatives like Bitcoin due to the uncertainty surrounding WLFI.

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