Financial organization World Liberty FI (WLFI) proposes token burn after a decline in token price following the initial launch.
In the ever-evolving world of cryptocurrency, World Liberty Financial (WLFI) has made waves with its innovative approach to token ownership and scarcity. Launched in 2024, the WLFI token experienced a 46% price drop from $0.40 to $0.213 after its launch, but managed to bounce back and currently ranks as the 26th largest cryptocurrency by market value according to Coinmarketcap rankings, with a market capitalization of approximately $5.72 billion.
The World Liberty Financial project, which held token presales in October 2024 and January 2025, raising a total of $550 million, has now proposed a buy-back burn program to reduce the circulating supply of WLFI tokens. This program is designed to give long-term holders a larger share of ownership and tie the token's scarcity to platform usage.
The buy-back burn program aims to boost the long-term value of WLFI tokens by removing tokens from circulation. The proposed program will use fees from Ethereum, BNB Chain, and Solana liquidity pools to finance token buybacks. As a result, the burned tokens will be permanently removed from circulation.
Presale investors are only permitted to sell 20% of their holdings at this time, a restriction designed to prevent excessive selling pressure. This measure, along with the buy-back burn program, is intended to stabilise the WLFI market and encourage long-term investment.
The WLFI token launch represented one of the year's most-watched cryptocurrency debuts. However, some early investors moved to take profits shortly after the launch, transferring 53 million WLFI tokens to a Binance deposit address. This move, coupled with short selling activity, caused WLFI to consolidate in the $0.20-$0.25 range after its decline from the all-time high, facing resistance around $0.25.
Support levels have formed at $0.22 and $0.20, which traders are watching closely for potential breakout or breakdown signals. Some users on social media platform X have raised concerns about possible insider activity and price manipulation, but high-profile figures like influencer Andrew Tate have expressed renewed confidence in WLFI following the release of the token burn proposal.
Notable investors in WLFI include crypto billionaire Justin Sun, who invested $30 million before the 2024 U.S. presidential election and increased it to $75 million in January 2025. The WLFI presale raised $2.26 billion from over 85,000 wallets, demonstrating strong support for the project.
The buy-back burn program is a significant step for World Liberty Financial as it seeks to secure its position in the competitive cryptocurrency market. With a fully diluted value of approximately $30 billion and a circulating supply of about 25% of the total WLFI supply, the program could potentially have a significant impact on the token's price and market position.
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