The Trump family’s crypto project, World Liberty Financial, has begun burning its namesake token in a bid to boost its price, which has been in decline since launching to the public on Monday.
Onchain data first data-ct-non-breakable=”null” href=”https://x.com/lookonchain/status/1963070423178084541″ rel=”noopener nofollow” target=”_blank” title=”null”>reported by Lookonchain showed the platform burned 47 million World Liberty Financial (WLFI) tokens on Wednesday, permanently removing them from the supply.
The token data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/trump-family-world-liberty-financial-token-unlock” title=”null”>began trading on secondary markets for the first time on Monday, with its early investors allowed to sell their holdings to the public. The token briefly hit a peak of $0.331,…
