Trump-backed WLFI launches a long-term buyback plan; token price drops by 73%
2026-11-06 19:10:44
According to CoinMeta, World Liberty Finance ( World Liberty Financial ) announced on November 6th the launch of a long-term buyback plan for its governance token, WLFI. The plan aims to use revenue from its ecosystem, including fees from USD1 stablecoin reserves, to repurchase the tokens. The price of WLFI tokens has fallen by more than 73% since the election, and the current trading price is around $0.047 per token. The company stated that the buyback plan is designed to encourage active participation in the governance of WLFI and to strengthen the voting rights of long-term holders. The Trump family holds approximately 38% of the shares in this project.
Source:Coinpedia
This content is for market information only and does not constitute investment advice.
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