Fun

WLFI Slides 15% After Launch As Trump Token Team Eyes Burn Strategy

News Feed - 2025-09-03 02:09:24

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. World Liberty Financial’s Trump-linked WLFI token plunged in price after a high-profile debut, prompting its backers to propose an aggressive buyback-and-burn plan to steady the market. Related Reading No Fireworks, Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst 15 hours ago


According to trading data and market reports, the token briefly traded above $0.30 at launch before falling as much as 15%–30% and settling around $0.21–$0.24 in the hours that followed. Early Volatility And What Hit The Market


Based on reports, the sharp drop followed a large token unlock that added roughly 25 billion WLFI to circulating supply, a move that instantly inflated the paper value of the Trump family’s holdings. WLFI down in the last 24 hours. Source: Coingecko


That unlock pushed the family’s stake into the billions on paper—various outlets put the tally near $5 billion to $6+ billion depending on the price used.


Trading venues including Binance, OKX and Bybit handled early volume, and roughly $1 billion changed hands in the first hour on some platforms, according to coverage of the debut.


Reports say early investors were allowed to sell a portion of their holdings, which likely amplified selling pressure as markets digested the newly tradable tokens. Proposal To Use Fees For Buybacks


In response, World Liberty Financial’s community and team floated a buyback-and-burn program that would route 100% of protocol-owned liquidity (POL) fees from chains such as Ethereum, BNB Chain and Solana toward repurchasing WLFI on open markets and permanently burning those tokens. BTCUSD trading at $109,907 on the 24-hour chart: TradingView


The aim, according to proponents, is to reduce circulating supply and support longer-term holders. Critics warn that burns funded by fees may take years to materially reduce the massive unlocked supply.


Analysts and commentators pointed out a mismatch between headline valuations and the practical reality of supply dynamics. Depending on which price is used, WLFI’s market cap was reported across a wide band—some outlets published peak valuations in the billions, even as price swings kept the effective market cap volatile throughout the day. Related Reading Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock 4 days ago Political Ties And Regulatory Questions


Reports disclose that the project’s ties to US President Donald Trump and his family have drawn extra scrutiny.


Observers say that when political figures hold large token positions, questions about conflicts of interest and regulatory oversight tend to rise faster than normal market noise.


World Liberty insists the project is a private venture with governance rules, but regulators and critics have said they will be watching closely.


Market participants are now watching vote outcomes and governance updates closely. If the fee-to-burn plan is approved and implemented, it will be measured by how much protocol revenue it can divert into buybacks and how quickly those repurchases can reduce supply.


Featured image from Meta, chart from TradingView

News Feed

Why Is Alchemy Pay (ACH) On The Rise?
Why Is Alchemy Pay (ACH) On The Rise? press release PRESS RELEASE.July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH.
How law enforcement struggles with sophisticated crypto laundering
Savannah FortisJul 11, 2024How law enforcement struggles with sophisticated crypto launderingAdvanced crypto laundering techniques continue to challenge law enforcement and crypto-related services, as highlighted in a ne
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news porta
Jesse Coghlan3 hours agoCanadians have ‘weak incentives’ to use a CBDC: Bank of CanadaA central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which give
Ethereum Is Consolidating After The Flush Last Weekend – The Calm Before A Big Move?
Este artículo también está disponible en español. Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid ma
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holding
Binance tax evasion trial moved to May 17 in Nigeria
Amaka Nwaokocha11 hours agoBinance tax evasion trial moved to May 17 in NigeriaGambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million The attorney general of the District of Columbia has sued Micros
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise V
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new
Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania
Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Tho
Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions
Gareth Jenkinson9 hours agoTether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctionsUSDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after sources claim Venezuela