Thu, June 5

World Liberty Financial Airdropped 47 USD1 to WLFI Sale Participants

World Liberty Financial Airdropped 47 USD1 to WLFI Sale Participants Market News
  • World Liberty Financial dumped 47 USD1 stablecoins into blockchain wallets that participated in the WLFI token sale
  • The WLF airdrop received mixed reactions from the community, including criticism

The Trump family’s crypto project, World Liberty Financial, has become the talk of the town after its recent move. Reportedly, the project started airdropping 47 USD1 tokens to each blockchain wallet that participated in the WLFI token presale. This is raising concerns about whether it’s a marketing move with no significant purpose by the Trump project. 

Renowned on-chain analytics platform Lookonchain was quick to find out the transactions of the World Liberty Financial airdrop. It confirmed the 47 USD1 transfers to all wallets that had earlier participated in the WLFI token presale event. Replying to Lookonchain’s founding, several of these wallet holders confirmed receiving USD1 tokens. 

World Liberty Financial’s USD1 Airdrop Received Mixed Reactions

The World Liberty Financial’s USD1 airdrop received mixed reactions from the community. While some people called the move ridiculous, others said $47 is enough to pay the gas fees on Ethereum. One X user named Hadaji replied, saying, “Is this like a test transaction or what?,” referring to 47 USD1. 

The airdrop is circulating in the industry in the middle of several other Trump-backed crypto project moves. Trump Media filed for a spot Bitcoin ETF on June 3 and is making waves in the industry. 

On the other hand, several media outlets published that an Official Trump Wallet was launched. However, Donald Trump Jr. clarified that the news is just a rumor and the Trump Organization has no involvement with the wallet. He took this opportunity to say that they are planning to launch an official wallet soon. 

Is the USD 1 Airdrop Another Marketing Move by Trump Projects?

If you are wondering why the project chose “47” for its USD1 airdrop, we are coming to it. Donald Trump won elections and became the 47th president of the US in 2024. To commemorate his win, the World Liberty Financial is transferring exactly “47” USD1 tokens to WLFI token holders. 

Days before Donald Trump’s inauguration, he launched the Official Trump (TRUMP) memecoin in the crypto market. The narration behind this memecoin was related to an assassination attempt on Trump in Pennsylvania. Its official website says that the TRUMP token is based on the President’s “Fight, Fight, Fight” slogan he shouted after surviving the murder attempt. 

Donald Trump is receiving serious criticism on his ties with crypto from several government officials. On top of that, the launch of the USD1 stablecoin has also raised concerns in the US Senate about passing the GENIUS Act bill. However, Trump’s crypto projects, like World Liberty Financial, don’t seem to stop their marketing moves. 

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Manisha is a proficient content writer with a keen eye for blockchain, NFTs, and fintech trends. With a passion for breaking down complex topics, she delivers insightful and engaging content for the Web3 community. Her expertise spans emerging market trends, latest news, and industry developments.