Trump’s WLFI Token Tumbles 15% Post-Launch: Can a Bold Burn Strategy Spark a Comeback?
The Trump-linked WLFI token crashed 15%–30% from a launch high above $0.30 to $0.21–$0.24 after a massive 24.6 billion token unlock inflated the Trump family’s stake to $5 billion, sparking heavy selling. To stabilize prices, the team proposed redirecting all protocol-owned liquidity fees from Ethereum, BNB Chain, and Solana to buy back and burn WLFI tokens, aiming to reduce supply and boost value. While supporters like Justin Sun back the plan, critics warn of risks like insufficient fee revenue, treasury strain, and potential volatility from insider holdings. WLFI’s future depends on effective burn execution and transparency, with investors urged to monitor support at $0.23–$0.24 and brace for market swings.
