Once upon a quite extraordinary Thursday, a peculiar crypto project called World Liberty Financial, cheerfully backed by none other than President Donald Trump himself (because why not?), decided to do something rather drastic. You see, their shiny new token WLFI had been sulking in price ever since its grand debut, like a soggy biscuit left out in the rain. So, what did these merry crypto wizards do? They cooked up a cunning plan to reduce the token supply and-*voilà!*-sprinkle some magic to boost its value.
With a whopping 99.8% of their curious community waving their votes like confetti, they agreed to use every last drop of the project’s treasury liquidity fees for what’s called “buybacks and burns.” Now, don’t get your knickers in a twist-this means they’re going to buy back their own tokens and then, rather dramatically, send them up in smoke forever. Gone! Poof! Like your forgotten socks in the laundry.
Only a tiny 0.06% dared to grumble in protest, probably because they were out of popcorn. According to the grand plans at WorldLibertyFinancial.com, this “foundation” strategy is supposed to make tokens scarcer and therefore, well, more desirable.
“This program removes tokens from circulation held by participants not committed to WLFI’s long-term growth and direction, effectively increasing relative weight for committed long-term holders,” the proposal suspiciously claimed-almost as if it were written by a cheeky magician trying to convince you his hat really did have a rabbit inside.
From now on, WLFI intends to gather its precious liquidity from the Ethereum, BNB Chain, and Solana kingdoms, then throw on its shopping hat to buy up tokens in the wild open market. The tokens will then be shoved into a fiery burn address-a sort of digital bonfire where coins go to retire forever. Sounds thrilling, doesn’t it?
But! There’s a little catch: nobody seems quite sure how many fees this whole circus will rake in, meaning it’s a bit like betting your dinner money on a three-legged race. Will the buybacks make a splash, or just a tiny ripple? Time will tell.
This drama unfolded a mere three weeks after WLFI strutted onto the stage on September 1st, only to watch its price dive a stomach-churning 40% in just three days. Ouch! Even the biggest whales (no, not actual whales-they’re crypto investors with a lot of coins, not blubbery sea creatures) saw their fortunes sink like lead balloons, CryptoMoon lamented on September 4th.
Before this cry-for-help proposal passed, WLFI already torched 47 million tokens on September 3rd-like setting fire to a giant pile of Monopoly money. Sadly, it did little to stop the downward slide.
Now, the WLFI token is sulking at a 28% loss since launch, trading at a modest $0.2223-perfect if you enjoy buying tokens on discount, or perhaps if you’re a gambler who likes excitement, disappointment, and mild heartburn.
What’s Next? WLFI Hunts for More Revenue, or Just Coins in the Couch Cushions
With this fancy “foundation” strategy in place, WLFI is on a quest to sniff out more sources of protocol revenue, dreaming of bigger buybacks and more token burns. Will they find hidden treasure, or just dust bunnies? No one’s holding their breath.
CryptoMoon tried calling WLFI for juicy insider gossip on these mysterious revenue sources-but alas, silence. Maybe WLFI is busy counting their tokens while roasting marshmallows on that big crypto bonfire.
Even the former kickboxing champ and notorious internet mischief-maker Andrew Tate took a tumble on this crypto rodeo, reportedly losing $67,000 on his WLFI long stint on Hyperliquid. His crypto losses are creeping toward a staggering $700,000. Yikes! Maybe he should stick to punches instead of tokens.
Despite all the chaos, the Trump family’s crypto treasure chest seems to be bulging nicely, swelling by a reported $1.3 billion in the week leading up to September 7th. Thanks to the launch of the mining giant American Bitcoin (ABTC) and the rollercoaster rides on the WLFI platform, their pockets have never been heavier.
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2025-09-19 14:28