Gate News Bot news, on September 3rd, according to CoinMarketCap, as of the time of writing, WLFI (World Liberty Financial) is currently priced at $0.23, falling 7.39% in the last 24 hours, with a high of $0.46 and a low of $0.21. The 24-hour volume reached $2.103 billion. The current market capitalization is approximately $5.57 billion, a decrease of $445 million from yesterday.
World Liberty Financial is a platform designed to connect traditional finance and the open economy, building bridges through specially designed on-chain products. WLFI is the governance token of the platform, allowing holders to guide the future development of the platform through proposals, reviews, and votes. Currently, WLFI is already tradable on multiple blockchain networks such as Ethereum, Binance Smart Chain, and Solana.
WLFI initiated its first 20% token unlock on September 1, with an initial circulation of approximately 27.21 billion tokens. The large token unlock has led to short-term selling pressure, resulting in significant price fluctuations, peaking at $0.46 before retreating to around $0.23. Some large holders have target prices exceeding $1, indicating a divergence in investor expectations.
2️⃣ The Trump family's cryptocurrency holdings have significantly increased in value.
The 22.5 billion WLFI tokens held by the Trump family are currently valued at approximately $5 billion. As the founders and primary supporters of the project, the holding status of the Trump family has attracted significant market attention and may have an important impact on the token price.
3️⃣ Proposal to use protocol fees for buyback and burn
The WLFI team has proposed a new governance proposal, suggesting that all fees generated from the protocol's own liquidity (POL) be used to repurchase WLFI on the open market and permanently destroy it. This measure aims to enhance the value of the token, but the specific implementation effects remain to be observed.
On the technical front, WLFI prices have experienced significant fluctuations after the unlock, and may continue to maintain a high volatility state in the short term. Investors need to closely monitor the unlocking progress, the movements of large holders, and the implementation of repurchase and destruction proposals.
This message is not intended as investment advice; investors should be aware of market volatility risks.
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WLFI (World Liberty Financial) fell 7.39% in the last 24 hours.
Gate News Bot news, on September 3rd, according to CoinMarketCap, as of the time of writing, WLFI (World Liberty Financial) is currently priced at $0.23, falling 7.39% in the last 24 hours, with a high of $0.46 and a low of $0.21. The 24-hour volume reached $2.103 billion. The current market capitalization is approximately $5.57 billion, a decrease of $445 million from yesterday.
World Liberty Financial is a platform designed to connect traditional finance and the open economy, building bridges through specially designed on-chain products. WLFI is the governance token of the platform, allowing holders to guide the future development of the platform through proposals, reviews, and votes. Currently, WLFI is already tradable on multiple blockchain networks such as Ethereum, Binance Smart Chain, and Solana.
Important news about WLFI recently:
1️⃣ Initial token unlock causes market fluctuations
WLFI initiated its first 20% token unlock on September 1, with an initial circulation of approximately 27.21 billion tokens. The large token unlock has led to short-term selling pressure, resulting in significant price fluctuations, peaking at $0.46 before retreating to around $0.23. Some large holders have target prices exceeding $1, indicating a divergence in investor expectations.
2️⃣ The Trump family's cryptocurrency holdings have significantly increased in value.
The 22.5 billion WLFI tokens held by the Trump family are currently valued at approximately $5 billion. As the founders and primary supporters of the project, the holding status of the Trump family has attracted significant market attention and may have an important impact on the token price.
3️⃣ Proposal to use protocol fees for buyback and burn
The WLFI team has proposed a new governance proposal, suggesting that all fees generated from the protocol's own liquidity (POL) be used to repurchase WLFI on the open market and permanently destroy it. This measure aims to enhance the value of the token, but the specific implementation effects remain to be observed.
On the technical front, WLFI prices have experienced significant fluctuations after the unlock, and may continue to maintain a high volatility state in the short term. Investors need to closely monitor the unlocking progress, the movements of large holders, and the implementation of repurchase and destruction proposals.
This message is not intended as investment advice; investors should be aware of market volatility risks.