WLFI Buyback & Burn Approved; USD1 App & Apple Pay
World Liberty Financial’s community has approved a 100% WLFI buyback & burn program. All treasury liquidity fees on Ethereum, BNB Chain and Solana will fund on-chain purchases and burns. The protocol collects a 0.125% fee on roughly $3.5 billion in daily trading volume, removing about 4.375 million WLFI tokens each day. At this pace, burning 10% of the circulating 24.66 billion supply will take around 564 days.
WLFI has slid over 36% since its September launch and trades near $0.192, close to the lower Bollinger Band at $0.189. The RSI stands at 38.8 and the MACD shows weak momentum. A rebound above $0.197 could target $0.205 and $0.22, while a break below $0.189 risks a drop to $0.18.
Supporters say the WLFI buyback & burn will cut supply, reward holders and curb selling pressure. Critics argue burns alone don’t add intrinsic value and call for stricter presale unlocks or vesting.
Separately, WLFI plans a USD1 stablecoin-powered retail app and an Apple Pay debit card. A Bithumb MOU aims to boost adoption in South Korea. Robinhood’s listing briefly lifted WLFI above $0.20 and pushed market cap close to $5 billion.
Bullish
The 100% WLFI buyback & burn program signals strong commitment to reducing token supply and supporting long-term value. Daily burns of over 4 million WLFI cut sell pressure and may drive price strength if trading volumes rise. Technical indicators are near oversold levels, suggesting a potential rebound above key resistance at $0.197, with targets at $0.205 and $0.22. While critics note burns alone don’t create intrinsic value, the combined effect of supply reduction, new retail app and Apple Pay debit card integrations should underpin bullish momentum over both the short and long term.