**News Flash: Trump's Crypto Token Launch Flops**
Former U.S. President Donald Trump's new crypto token, World Liberty Financial (WLFI), had a rough start. Launched on Oct. 16, the token promised voting rights in a future DeFi protocol but saw lackluster sales. By Oct. 17, only 848.63 million WLFI tokens were sold, just 4.24% of the total supply.
Key Issues:
- Only accredited U.S. investors or non-residents could buy.
- Tokens are non-transferable, limiting resale opportunities.
- The website crashed, deterring potential buyers.
- Some view the project as a scam.
Despite the flop, Trump remains popular in the U.S. crypto community.