Key points:
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$WLFI token burn program aims to reduce supply and support price stability.
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World Liberty burns 47M tokens, marking its first major supply cut.
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WLFI token faces a steep decline since launch despite early hype.
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Industry voices warn about speculation and emphasize institutional adoption.
$WLFI token burn program has become the headline move of the Trump family’s cryptocurrency project this week.
The project, World Liberty Financial, confirmed the permanent removal of 47 million WLFI tokens from circulation. This action is meant to create scarcity and stabilize a token that has been sliding since its highly anticipated launch.
The WLFI token opened strong, reaching a high of $0.331 when it first hit secondary markets. Since then, the value has declined to around $0.23, a drop of over 31% from its early peak. The World Liberty token is now under close watch by traders who wonder if the burn can slow the decline.
World Liberty burns 47M tokens
On-chain data shows the supply cut took place on September 2, with tokens permanently sent to a burn wallet. Etherscan confirms the new total supply of just under 99.95 billion WLFI tokens. While the burn equals only 0.19% of the circulating supply, it signals the beginning of a structured WLFI token burn program.
The World Liberty team has also proposed a recurring buyback and burn plan. According to the proposal, protocol-owned liquidity fees would be used to purchase tokens on the open market, then permanently destroy them. The project argues this would “increase the relative ownership percentage of committed long-term holders” while removing coins from short-term traders.
Community feedback has been mostly supportive. In the project’s forum, 133 respondents commented, with the majority approving the idea of routine burns. An official governance vote is still pending.
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Market reactions and challenges
The WLFI token faced strong selling pressure once early investors gained access to liquidity. Short sellers quickly entered the market, putting strain on the price. This explains why the WLFI token burn program was introduced so soon after launch.
Kevin Rusher, founder of RAAC, a real-world asset borrowing platform, described the WLFI token launch as a reflection of the crypto market’s immaturity. He noted, “true longevity will come from institutional adoption, not celebrity tokens or short-term hype.” From my standpoint, his view reflects the frustration of many builders who want to see stronger fundamentals rather than speculative events.
Mangirdas Ptašinskas from Galxe pointed out another side effect: high gas fees. He explained how WLFI trading spiked Ethereum fees, raising the cost of a $200 transfer to $50. He warned developers that such inefficiencies slow mainstream adoption of cryptocurrency.
WLFI token burn program and its potential impact
Token burns are not new in the crypto token economy. Binance, Shiba Inu, and many other projects have used them to reduce supply. The question is whether such a move has a lasting influence or only a short-term impact.
The World Liberty token has a total supply of 100 billion, with nearly 25% already unlocked. Burning 47 million is a symbolic step but relatively small compared to circulating levels. If the buyback and burn program continues, investors may view it as a commitment to price support.
Still, the WLFI token needs more than burns. For sustainable growth, utility within the ecosystem is essential. If holders only trade based on speculation, the token risks becoming another short-lived crypto token.
WLFI token burn program seeks to restore trust
The burn is about more than price. It is also about credibility. By signaling long-term commitment, the WLFI token burn program attempts to show investors that the project has a roadmap. Whether this restores trust depends on execution and transparency.
For now, the market remains cautious. The World Liberty token is down from launch highs, and the community is debating its next steps. A strong governance process and clear value proposition could determine if WLFI survives beyond initial hype.