Despite facing challenges, World Liberty Financial has experienced a glimmer of hope with the recent rise in the price of ether (ETH). The cryptocurrency has surged by over 16% since 01:00 UTC on Wednesday, transforming the company’s initial $15.3 million raised to $16.25 million.
According to data from Etherscan, World Liberty Financial’s token sale wallet has not sold any of its tokens. Currently, the wallet holds 4,234 ETH and $4.2 million worth of stablecoins. This indicates that the company has not resorted to liquidating any assets, even amidst market volatility.
With the positive momentum in the cryptocurrency market, World Liberty Financial remains optimistic about its future prospects. The increase in ether’s price bodes well for the company’s overall financial health and stability.
