World Liberty Financial has experienced a muted token sale, slashing its fundraising goal from $300 million to $30 million due to a lack of investor interest.
Despite selling 1.02 billion WLFI tokens so far, the company faces challenges as their tokens are "non-transferable," limiting investor liquidity and potential profit.
The recent market shift has led to a 16% rise in ether value, enhancing World Liberty Financial's asset worth to $16.25 million amid cautious sales.
Echoing investor concerns, Skybridge Capital founder Anthony Scaramucci labeled the project a "scam," underlining the skepticism surrounding its viability despite Trump's endorsement.
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