- After a volatile launch, the Trump-linked WLFI project has burned 47 million tokens worth $11.34M
- The burn is a “supply squeeze” designed to counter heavy selling pressure from presale investors
- The token’s debut generated $6B in volume on Binance and a peak market cap near $10 billion
The team behind the Trump-linked World Liberty Financial (WLFI) is already stepping in to defend its token price, just two days after a chaotic and high-volume launch.
With the token down significantly from its peak, the project executed its first token burn, pulling 47 million WLFI worth over $11 million out of circulation to support the market. This is according to on-chain data from blockchain tracker EmberCN.
What’s the Real Story Behind the WLFI Price Action?
The WLFI launch was one of the biggest of the year, but the price chart tells a story of extreme volatility as presale investors and new retail traders clash.
How has the token traded since its launch?
The debut on September 1 was met with a massive speculative volume, pushing over $6 billion on Binance alone in the first two days. However, after an initial price spike, heavy selling pressure from presale investors taking profits pushed the price down to around $0.22, giving it a market capitalization near $7 billion, according to CoinMarketCap.
Here’s the context: After 30% Price Crash, Trump-Linked WLFI Proposes Token Burn to Squeeze Supply
How is the WLFI Team Defending the Price?
In a direct response to the sell-off, the WLFI team has initiated a “supply squeeze” using a buyback and burn.
What are the specifics of the token burn?
On-chain data confirms the project’s treasury wallet just permanently burned 47 million WLFI tokens worth $11.34 million.
Did the team buy back tokens from the market?
Yes. The burn was supported by an on-chain buyback of 6.498 million WLFI at an average price of $0.308, executed with $2 million from the project’s USD1 stablecoin reserves.
A Community-First Approach
In a series of posts on X, World Liberty Financial emphasized its community-first approach, noting that early retail supporters at $0.015 and $0.05 entry points were prioritized over founders, team members, and partners.
The project further stressed that no team or founder tokens have been sold and that founder unlocks will only occur through governance mechanisms. Circulating supply currently stands at 24.7%, with the remainder locked.
What’s the Insider Angle on Founder and Presale Holdings?
Alongside the financial moves, the team is actively managing the narrative around its massive insider holdings to calm the market.
Is the team dumping on the market?
The project has publicly stated that no founder or team tokens have been sold. This is a clear attempt to signal to the market that the current selling pressure is from presale investors, not the core team.
How big is the Trump family’s stake?
The Trump family reportedly controls nearly a quarter of the total WLFI supply. At the token’s peak market cap of near $10 billion, this stake was valued at over $5 billion, a figure that continues to draw intense political scrutiny.
For a long-term view: World Liberty Financial (WLFI) Price Prediction 2025–2030
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
