- Trump’s World Liberty Financial [WLF] token sale launches on the 15th of October, engaging crypto investors.
- Recent assassination attempts haven’t deterred Trump’s campaign or crypto initiatives.
As a seasoned crypto investor with over a decade of experience in navigating the volatile digital currency market, I find myself at a crossroads regarding Trump’s latest venture into the world of cryptocurrencies. On one hand, I am intrigued by the potential of World Liberty Financial (WLF) to revolutionize the financial landscape and provide decentralized lending services as an alternative to traditional banking institutions. The emphasis on inclusivity and transparency resonates with me, as these values are at the heart of the crypto ethos.
With the U.S. presidential election drawing near, the patterns seen in prediction markets point towards a probable win for Donald Trump.
Meanwhile, on October 13th, it was reported by The Telegraph that the police successfully prevented what could have been a third assassination attempt against the ex-president.
Nevertheless, the previous president continues to be unfazed in his crusade, notably pushing forward with his most recent digital currency project.
WLF token sale announced
Indeed, it was on that exact day when Trump declared via X (previously known as Twitter) that the token sale for his cryptocurrency venture, World Liberty Financial (WLF), would commence on the 15th of October.
Moreover, our team at WLF has planned a live discussion via Twitter Spaces on the 14th of October. This session will provide interested investors with valuable insights about our upcoming public sale and our project’s overall vision.
In essence, the WLF initiative aims to transform the financial sector by employing blockchain technology for peer-to-peer lending, offering a captivating option compared to conventional banks.
Emphasizing fairness and openness, WLF strives to contest the label of “biased” financial system that Trump uses, instead providing users with empowerment via its groundbreaking methods.
As an analyst, I’ve noticed that our project has started onboarding users, although the access is currently restricted to accredited American investors and foreign nationals. This move underscores our dedication to fostering a fairer financial ecosystem.
Remarking on which Trump noted,
Although our current whitelist only caters to accredited investors within the U.S. and international individuals, we’re committed to empowering the average American too. We aim to promote financial independence for all, regardless of their origin or financial status.
Community reacts
As a researcher, I must acknowledge that my recent findings seemed to fall flat among some cryptocurrency executives, a sentiment echoed vividly by none other than the founder of Dogecoin, Billy Markus. He expressed his disappointment with the revelations.
“This is pretty lame.”
Adding to the fray was another X user who noted,
In this context, it’s clear that Trump is attuned to the views of those who support cryptocurrencies, and it’s evident that cryptocurrency is playing a substantial part in the current electoral process.
The story so far and the latest trends
Originally intending to go, Trump decided to proceed with attending the upcoming Bitcoin Conference in Nashville, Tennessee, even though there was a failed assassination attempt against him on 14th July.
This also pushed the crypto market and Trump’s election odds as per Polymarket.
After another try in mid-September, the crypto market experienced a drop, which caused a decrease in Trump’s position on Polymarket, momentarily placing Kamala Harris ahead of him.
At present, Polymarket’s data shows Trump ahead by approximately 54%, while Harris has garnered around 45.4% of the votes.
Globally, the total value of all cryptocurrencies is currently around $2.24 trillion, marking a 2.00% rise in the last day, according to CoinMarketCap.
Significantly, the value of MAGA (Trump) has climbed up by 6.7%, contrastingly, Kamala Harris (Kama) has seen a drop of 2.2%, as reported by CoinGecko.
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2024-10-14 15:36