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

10월 22, 2024 08:13:58

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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.

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