Infinex founder: If Trump had launched WLFI in 2017, it could have raised 1 billion dollars

2024-10-22 08:13:58
Collection

ChainCatcher news, Infinex founder Kain Warwick stated that the lackluster sales of the Trump-related World Liberty Financial project are due to "the market sentiment has shifted," moving away from ICO-style token financing and towards meme coins.

Warwick pointed out: "If Trump had launched World Liberty Financial in 2017… this project could have raised $1 billion. The overlap between crypto natives and Trump's core supporters may not be as significant as imagined, which is evident from the insufficient demand."

He added that the token lock-up period for this sale is one year, which may be part of the reason for its poor performance, as during the current Memecoin market frenzy, the holding period for tokens is often much shorter than a year, sometimes only a few hours.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators