WLFI Hits New Low as World Liberty Defends Dolomite Loans
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WLFI (World Liberty governance token) fell to ~$0.080 (~-15% 24h) after the project proposed a token unlock for early holders; market cap dropped by $427M to $2.54B from nearly $3B. World Liberty defended $150M in Dolomite-linked stablecoin loans amid liquidation fears; Arkham on-chain data shows ~$400M in WLFI sitting on Dolomite, highlighting concentration risk. Crypto/DeFi implications: token unlock plus concentrated holdings raise security, market-pressure and liquidation risk for WLFI, signaling negative near-term price and adoption headwinds.
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- WLFI hit a new low as World Liberty weighed a token unlock plan for early holders.
- World Liberty defended $150M in Dolomite loans and denied liquidation concerns.
- Arkham showed $400M in WLFI on Dolomite, raising concentration risk concerns.
World Liberty Financial’s governance token fell to a new low on Friday after the Trump-backed crypto project said it was preparing a proposal to unlock WLFI for early holders. The decline came as the platform also defended $150 million in stablecoin loans linked to Dolomite.
WLFI traded near $0.0800, down around 15% over the past day. Its market capitalization also dropped by $427 million to $2.54 billion from nearly $3 billion.
World Liberty Defends Dolomite Loans Amid Debt Fears
The slide followed renewed debate over the project’s borrowing activity. On Thursday, World Liberty responded to what it called “FUD” on…
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