TradingKey – WLFI unveiled a token burn initiative today, but the plan failed to arrest the price decline.
On Tuesday, September 2, World Liberty Financial (WLFI) — the DeFi governance token backed by the Trump family — showed signs of faltering. After opening around $0.20 on major exchanges last night, WLFI rocketed to $0.50 (with some venues briefly touching $1.10), only to tumble back into the low $0.20 range this morning.
WLFI 15-Minute Price Chart – Source: TradingView
Despite a simultaneous listing on multiple top-tier platforms and high initial demand, WLFI could not escape heavy sell-pressure. Within 30 minutes of launch, four of the token’s top 10 holders offloaded a combined 1.86 billion WLFI.
To restore confidence, the WLFI team proposed using all fees generated by its Protocol-Owned Liquidity (POL) pools to buy back WLFI and burn the tokens permanently — directly reducing circulating supply. However, WLFI’s price showed no significant rebound after the announcement, suggesting the market remained unconvinced.
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