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 0 Reading: No Fireworks Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst 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 1 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 2 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 3 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 4 say early investors were allowed to sell a portion of their holdings which likely amplified selling pressure as markets digested the newly tradable 5 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 6 aim
according to proponents is to reduce circulating supply and support longer-term 7 warn that burns funded by fees may take years to materially reduce the massive unlocked 8 and commentators pointed out a mismatch between headline valuations and the practical reality of supply 9 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 10 Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock Political Ties And Regulatory Questions Reports disclose that the project’s ties to US President Donald Trump and his family have drawn extra 11 say that when political figures hold large token positions
questions about conflicts of interest and regulatory oversight tend to rise faster than normal market 12 Liberty insists the project is a private venture with governance rules but regulators and critics have said they will be watching 13 participants are now watching vote outcomes and governance updates 14 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 15 image from Meta chart from TradingView
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