World Liberty Financial (WLFI) has successfully restored its website following an unexpected downtime triggered by a surge in visitor traffic during the launch of its eagerly awaited token pre-sale.
The WLFI token pre-sale, backed by the Trump family’s DeFi initiative, faced overwhelming traffic that resulted in the platform crashing. Although the site is back online, users are still encountering sporadic loading issues, and some features designed to monitor on-chain activity remain inactive.
Current Performance Metrics
As of the latest update, approximately $7.96 million has been raised in WLFI token sales, according to Etherscan data.
- About 530.7 million WLFI tokens were sold today.
- Around 4,474 participants have made purchases, indicating strong investor interest despite prior technical difficulties.
- The current sale price for WLFI tokens is $0.015 each.
- Buyers are securing token amounts ranging from 1,365 to 86,678 WLFI per transaction.
The pre-sale goal is to raise $300 million. Although the project has a long way to go, the initial activity showcases a promising trend, especially with over 100,000 whitelisted participants, signaling a potential for increased sales as the sale progresses.
Objectives of the Pre-sale
The WLFI token is intended to function as the governance token for World Liberty Financial’s Ethereum-centric DeFi protocol. The platform aims to establish itself as a significant contributor in the DeFi sector, emphasizing services such as borrowing and lending.
Despite initial setbacks caused by website outages, the positive recovery and ongoing transactions indicate that the project is on the right path to maintaining its growth momentum. The upcoming phases of the sale will be crucial as the team works towards its ambitious fundraising target, with prospective buyers eager to participate now that most of the technical issues have been resolved.
Editor’s Note: This article was published prior to a subsequent outage experienced by the website at approximately 20:02 UTC.