**Cryptocurrency News:**

- Donald Trump-backed decentralized finance protocol World Liberty Financial (WLF) has launched its public token sale, raising about $11.49 million on its first day.

- This represents about 3.8% of its $300 million goal.

- According to Dune Analytics, about 766 million WLFI tokens were sold at a price of $0.015.

- Despite heavy promotion, only 8,699 unique wallets own WLFI.

- Critics point to Trump as a distraction from the upcoming election.

- According to the WLF "golden book," 63% of the tokens will be sold publicly, 17% will be used to reward users, and 20% will be used to compensate the team.

- The tokens will be used to vote on platform decisions, but are not transferable for a year after purchase.