- Justin Sun invests an additional $45M in World Liberty Financial, total TRON DAO investment hits $75M.
- WLFI tokens surge in demand, with sales reaching $254M after releasing 5 billion new tokens at $0.05 each.
- TRUMP and MELANIA meme coins launched, TRUMP token briefly hits a peak value of $72, becoming a major crypto player.
Justin Sun, the founder of TRON, has significantly boosted his financial commitment to World Liberty Financial (WLFI) by injecting an additional $45 million into the platform. This increase brings TRON DAO’s total investment in WLFI to $75 million. The new infusion was announced on January 19 through a post on X, where Sun confirmed the continuation of their investment strategy. TRON’s involvement in WLFI aims to bolster the DeFi platform’s growth while positioning Sun as the largest stakeholder and adviser within the venture.
Earlier investments included a $30 million token purchase in November, which already established TRON DAO as the major investor in WLFI. Following that acquisition, Sun’s advisory role was formally confirmed. This latest $45 million boost underlines TRON’s ongoing support for the project and signifies a deeper commitment to expanding WLFI’s capabilities in the DeFi space.
WLFI Token Sale Surge and Market Dynamics
Following Justin Sun’s new investment, World Liberty Financial revealed an increase in the supply of WLFI governance tokens, citing “massive demand” for the newly available tokens. The tokens, priced at $0.05 each, are part of WLFI’s broader strategy to extend its reach within the decentralized finance ecosystem. With the release of 5 billion new WLFI tokens, the project has seen a notable uptick in sales, reaching over $254 million in cumulative sales, according to Dune Analytics data. This surge is a marked improvement from the platform’s initial struggles to meet its $300 million sales target during its October launch.
The WLFI project had a slower start, with the initial offering generating only about $11.49 million in revenue from the sale of 766 million tokens. However, as demand for WLFI tokens grew, the project experienced significant momentum, resulting in over 34,000 holders and more than 44,500 transactions. This growth reflects a positive market response and highlights the expanding interest in WLFI’s offerings.
World Liberty Financial and the Role of Meme Coins
Alongside its expanding token sale, World Liberty Financial has also witnessed developments in the meme coin space, with the Trump family launching two new meme coins—TRUMP and MELANIA tokens. The launch of these tokens has generated considerable market activity, especially as the TRUMP token experienced a sharp increase in value, briefly peaking at $72 before retracting. The MELANIA token also experienced significant growth, though it has faced volatility since its launch.
As meme coins like TRUMP and MELANIA gain traction, the connection between TRON DAO’s investments in WLFI and the broader cryptocurrency market grows stronger. TRON’s investment, paired with WLFI’s strategic moves, has enhanced investor confidence in the platform, especially as meme coins continue to make waves in the crypto space.
