WLFI Token Dipse for Debut as Dem Dey Vote Governance on Liquidity Fee Buyback Plan
WLFI token drop near 10% after e debut as di community dey consider proposal to use Uniswap liquidity fees for buybacks. WLFI launch wit initial supply of 1 million tokens and dem put $500,000 for Uniswap V3 liquidity. WLFI start at $0.35 but e drop reach $0.32 because people dey take profit and e get uncertainty about governance. Holders go vote through Snapshot to put 0.05% of each swap fee to buy WLFI for fire or development. Trade volume reach $3 million inside first 24 hours, show say plenty people dey interested even though e dey volatile. Crypto traders go watch how e go end well well: if dem do buyback, e fit hold price, but if dem reject am, e fit make sell pressure continue. Voting go close for 48 hours, final move depend on community approval and technical integration inside fee system.
Bearish
Di WLFI token price drop for beginning shows say people dey take profit and e get uncertainty about governance proposal wey dey allocate liquidity fees for buybacks. Normally, new tokens wey no get clear fee-use framework dey face selling pressure till community votes clear the yawa. Short term, traders fit pull liquidity if vote result no clear, and dis go make bearish momentum continue. Long term, if buyback plan succeed, e fit stabilize WLFI by reducing circulating supply and show say governance strong, wey fit change people mind to bullish. But until vote finish and technical integration test done, WLFI go likely dey under selling pressure.