Exciting news in the crypto world! Donald Trump is backing a new token, WLFI, which launched its presale on October 15th, aiming to raise $300M and hit a $1.5B valuation. Over 100,000 U.S. investors are already on board, and Trump’s announcement on X has certainly created quite a buzz!

However, there’s an important catch: To get in on the presale, investors need to verify their identity and go through the KYC process. It's definitely not open to just anyone, but if you meet these criteria, you're good to qualifies for the whitelist:

- A net worth of over $1M, or

- An income of at least $200,000 per year for the past two years.

Unfortunately, this means that Alex won’t be able to participate and explore any potential market opportunities. Additionally, in the first year, these tokens have no market value and cannot be traded or transferred; they are solely for use in the project’s governance.

Now, let’s break down the numbers! There’s a total supply of 100B WLFI tokens, distributed as follows:

- 35% for token sales

- 32.5% for community growth and incentives

- 30% for initial supporters

- 2.5% for the team and advisors

Interestingly, there are still 19.1B WLFI tokens left unsold, possibly due to the project's website constantly having issues and being inaccessible. While the opportunity initially seemed promising, the situation has cooled off a bit.

It will be fascinating to see if Trump can achieve his goal and sell out the remaining tokens. Stay tuned for updates, it promises to be an intriguing journey! 👋