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cryptonews 2026-05-13 10:35:42

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

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 .

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