• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Trump Crypto Project Just Burned $6.67 Million in Tokens: Is This Enough to Save World Liberty Financial (WLFI) From Its Downtrend?

May 13, 2026
in Crypto News
Reading Time: 3min read
0 0
A A
0
Trump Crypto Project Just Burned $6.67 Million in Tokens: Is This Enough to Save World Liberty Financial (WLFI) From Its Downtrend?
0
SHARES
4
VIEWS
ShareShareShareShareShare

World Liberty Financial (WLFI) Crypto has torched $6.67 million worth of $WLFI tokens in under 24 hours, and the broader crypto market is watching.

The question is whether WLFI’s supply shock can cut through a market increasingly sceptical of politically connected DeFi projects.

Blockchain analyst EmberCN confirmed the burn: four team-linked addresses transferred one billion WLFI tokens into an unlocked vesting contract, then permanently removed 100 million, exactly 10%, via a burn mechanism.

Source: Arkham

The remaining 900 million tokens stay locked under a revised unlock schedule. This follows a plan announced last month to delay unlocks for contributors and founders, bundled with the commitment to burn a tenth of those allocations.

The move reduces near-term selling pressure from insiders, a signal of long-term alignment, or at least the appearance of it.

Can World Liberty Financial (WLFI) Crypto Reclaim $0.08 This Month?

WLFI is sitting at $0.0686 on the 4h chart, and this is a chart that tells a straightforward story of a coin that has been in a downtrend since launch, with no meaningful base built yet.

Price opened around $0.14 to $0.19 in early January and has been bleeding consistently lower ever since, hitting a recent low around $0.050 before a small bounce back to the current $0.068 level.

That bounce off $0.050 is the only remotely constructive thing on this chart, but it is too early to call it a base because price has not shown any ability to hold a level for more than a few sessions before continuing lower, and the overall structure is still a series of lower highs with no clear accumulation zone forming.

Source: WLFIUSD / Tradingview

The $0.075 to $0.080 range is the first level of resistance from the most recent consolidation, and it is the level any recovery attempt needs to clear before the picture starts improving even marginally.

On the downside, the $0.050 low is the only real floor on the chart, and a break below it puts the price in completely uncharted territory with no support reference points below.

This is a high-risk chart with no confirmed bottom, no base structure, and a downtrend that has been intact since day one. The bounce from $0.050 could develop into something, but there is nothing here yet to suggest the selling is done.

Here is Why Bitcoin Hyper Could Outperform WLFI Next

With Bitcoin grinding at a key decision point and compressed upside at current market caps, rotation into early-stage infrastructure plays is picking up.

The WLFI burn itself underscores a broader theme: tokenomics discipline and genuine utility are separating credible projects from noise. Early-stage positioning, before price discovery, is where asymmetric returns historically originate.

Bitcoin Hyper (HYPER) is making a direct play on Bitcoin’s core limitations. It’s the first Bitcoin Layer 2 to integrate the Solana Virtual Machine (SVM), delivering sub-second finality and low-cost smart contract execution while inheriting Bitcoin’s security.

That’s a technically ambitious combination; SVM performance benchmarks have beaten Solana itself in early tests, which is either a bold claim or a genuine engineering leap (the on-chain data will settle that debate at launch).

The numbers are concrete: $HYPER is priced at $0.01368, with $32,676,096.88 raised to date. Staking rewards are live, with high APY available to current presale participants.

The project’s presale has already crossed $32M, meaningful traction for an infrastructure-layer bet. As with any presale, smart contract risk and execution uncertainty apply. Research the project independently before committing capital.

Visit Bitcoin Hyper Here

The post Trump Crypto Project Just Burned $6.67 Million in Tokens: Is This Enough to Save World Liberty Financial (WLFI) From Its Downtrend? appeared first on Cryptonews.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Price Prediction: Coiling at $81,000 as the CLARITY Act Vote Approaches: Will Tomorrow’s Senate Decision Trigger a Rally to $90,000?

Next Post

SharpLink’s Ethereum Bet Just Generated a $686 Million Loss: Is the Galaxy Deal News a Lifeline or a Vote of Confidence?

Next Post
SharpLink’s Ethereum Bet Just Generated a $686 Million Loss: Is the Galaxy Deal News a Lifeline or a Vote of Confidence?

SharpLink’s Ethereum Bet Just Generated a $686 Million Loss: Is the Galaxy Deal News a Lifeline or a Vote of Confidence?

You might also like

Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap

Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap

June 22, 2026
After a $60M short assault, Aave recommends governance reforms.

AAVE Price Prediction: $80 Breakout or Bull Trap? The $77 Line Decides Everything

June 22, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA, AWS Launch AI Infrastructure for Production Scale

June 24, 2026
Ripple Wins MiCA Milestone as Binance Shifts EU Licensing Strategy

Ripple Wins MiCA Milestone as Binance Shifts EU Licensing Strategy

June 25, 2026
Bitcoin Price Prediction: BTC Drops to $62K, But Long Positions are Increasing — Catching a Falling Knife?

Bitcoin Price Prediction: BTC Drops to $62K, But Long Positions are Increasing — Catching a Falling Knife?

June 23, 2026
XLM Price Prediction: $0.30 Breakout Attempt as Q1 Technical Setup Emerges

PEPE Price Prediction: Frogs at Maximum Compression — Bounce or Break?

June 24, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Dogecoin Faces Danger: Data Shows DOGE Price Could Collapse

Dogecoin Faces Danger: Data Shows DOGE Price Could Collapse

June 27, 2026
Fed Likely Holds Rate as Market Bets Persist on July Decision

Trump attacks ex-NSA aide after plea as Polymarket puts Starmer exit at 91.5%

June 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.