Trump encryption project sales fell short of expectations, but election support rate rises

Recently, the sales situation of the WLFI token for the DeFi project World Liberty Financial launched by Trump is not optimistic. As of 2 PM on October 18, approximately 870 million WLFI tokens have been sold, worth about 13.06 million USD, far below the expected target of 20 billion tokens (approximately 300 million USD).

This result is primarily attributed to the high threshold set by the project and the restrictions on the transferability of the tokens. Only qualified investors or non-residents in the United States can purchase WLFI tokens. U.S. residents must meet conditions such as an annual income of over $200,000 or a net worth of over $1 million. Additionally, WLFI cannot currently be transferred between wallets, limiting its liquidity.

The official document released by the project recently shows that the Trump family will receive 75% of the net income, which amounts to 22.5 billion WLFI tokens, valued at approximately $337.5 million at the issuance price. The document emphasizes that the project "is not related to politics and is not affiliated with any political activities."

However, the encryption community has mixed reviews about this project. Some believe it lacks innovation and merely relies on the appeal of the Trump brand; others point out that the project's white paper is "rushed and riddled with errors." Some industry insiders say that the current encryption market has matured, and investors are more rational, making it difficult for projects that purely rely on celebrity effects to succeed.

Despite setbacks faced by the WLFI project, Trump's support in the U.S. presidential election has seen a turnaround. According to prediction website data, Trump's probability of winning the election has risen to 62.5%, reaching a new high. In contrast, his opponent's performance on encryption policy is considered lackluster, resulting in a decline in influence within the encryption community.

As the election date approaches, Trump seems to have taken the lead in the encryption field. His strategy has sparked enthusiasm among some supporters, gaining crucial time and resource advantages. The outcome of this election will undoubtedly have a profound impact on future encryption regulatory policies.