The memecoins associated with Donald Trump and Melania Trump have generated significant buzz in the cryptocurrency market. Following this development, sales of World Liberty Financial (WLFI) management tokens reached record highs. The DeFi project announced that it sold 20 billion tokens, equivalent to 20% of the total supply, prompting an additional 5% of the supply to be made available due to substantial demand.
WLFI Token Sales Surge
World Liberty Financial has seen a remarkable increase in token sales. WLFI’s sales revenue jumped from $91 million on Saturday to $254 million on Sunday. On-chain data reveals that WLFI now has over 34,000 holders and has executed more than 44,500 transactions.
One of the key supporters of this surge is Justin Sun, the founder of Tron. Sun announced an additional investment of $45 million in WLFI, bringing Tron DAO’s total investment in the project to $75 million. Sun joined the WLFI project as an advisor last November.
Trump and Melania’s Memecoins Attract Massive Attention
Meanwhile, both Trump and Melania Trump have captured attention with their memecoin launches. Trump’s memecoin, named “Official Trump,” saw a rapid increase in value, peaking at $72 before stabilizing around $52. The token’s market capitalization is estimated at $8.8 billion, with a fully diluted market cap of $44.1 billion.
In addition, Melania Trump’s memecoin, titled “MELANIA,” has also received significant interest. Its diluted market cap has reached $7.6 billion, with ongoing price fluctuations maintaining its popularity among investors.
These developments once again highlight the Trump family’s influence in the cryptocurrency market. The success of World Liberty Financial and the rapid rise of Trump-branded memecoins are viewed as the beginning of a new chapter in the crypto landscape.
