WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Ta...
The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million. Thus, the fundraising activities have been described as a total failure within two days after it was launched on 15 October since WLFI has raised only around $11 million accounting for only 4% of the target. Actually, with so much effort placed to advertise the project, which was even described as a ‘crypto bank,’ things have turned out different. Related Reading: SUI Price Hits All-Time High – But Questions About Valuation Remain Technical....
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This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied any links with it. Related Reading: Toncoin Soars 14.8% After Binance Listing, Is TON Poised For A Breakout? Trump-Themed Token Turns Out Fake On Thursday night, a PolitiFi token was surrounded by controversy after it plummeted by over 95% just hours....
Infinite Launch has announced that it has successfully raised $2.2 million in early private funding from reputable investors such as IBA, Everse Capital, Lotus Capital, and Phoenix Newtribe as it prepares for the launch. The Infinite Launch platform is a cutting-edge launchpad for Decentralized Finance (DeFi) and Non-Fungible Token (NFT) projects, allowing investors to become […]
LordToken, the french exchange powered by Binance Cloud has successfully completed its initial funding round, raising US$15.7 million in several rounds of token sales. This sets the stone rolling in preparation for the grand launch of the LordToken exchange. François Denis the co-founder of LordToken made a key remark to expressed his optimism towards the conclusion of the fundraising and the upcoming launch of the platform: “This is an exciting time for us and everyone who believes in the LordToken mission; our fundraising drew more significant interest than we had anticipated, which....
Amid the buzz surrounding political tokens and the heated race for the White House between former President Donald Trump and Vice President Kamala Harris, a token known as Restore the Republic (RTR) emerged. According to Fortune, this crypto, which exploited rumors surrounding the Trump family, defrauded investors and led to the loss of significant amounts […]
U.S. President-elect Donald Trump has pledged to declare China a currency manipulator on day one of his presidency. During his campaign, he also repeatedly pledged to impose a 45% tariff on Chinese goods. His promises risk creating a trade war between the U.S. and China which could weaken the yuan and accelerate Chinese capital outflows. When the yuan....