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Trump-linked crypto project WLFI burns $11M in tokens – TON BOT

Trump-linked crypto project WLFI burns $11M in tokens

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World Liberty Financial (WLFI), a crypto project associated with President Donald Trump, has permanently removed $11 million worth of tokens from circulation. The project implemented a buyback-and-burn governance strategy to strengthen token economics. WLFI also implemented security measures against phishing attacks and is assisting legitimate holders affected by compromised addresses. Despite some disappointment in short-term price performance, WLFI executives have hailed the token launch as successful, with early investors seeing significant gains. The token is currently trading around $0.22, despite a 50% decline since its debut. The project defended this performance as uncommon in the industry.

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