1. Bullish Momentum: WLFI has shown strong bullish momentum in the past 24 hours, with the price rising from $0.208 to $0.2273, an increase of approximately 9.28%. This is supported by the upward trend shown by the EMA line, the bullish MACD crossover, and the rising RSI values.
2. Deflationary Mechanism: The community overwhelmingly approved a buyback and burn plan that will permanently remove WLFI tokens from circulation using protocol revenue, aiming to create scarcity and enhance long-term value.
3. Whale Accumulation: Recently, major holders have withdrawn large amounts of WLFI tokens from several centralized exchanges, indicating that accumulation may be taking place and confidence in the token's future performance is increasing. $WLFI