WLFI token burn destroys 47M coins in bid to revive price

World Liberty Financial (WLFI) has carried out a massive WLFI token burn, permanently removing 47 million tokens from circulation on September 2. Token burns are often seen as bullish signals that reduce supply and potentially drive prices higher.

However, the timing of this WLFI token burn has drawn mixed reactions, as the token is still down nearly 55% from its all-time high of $0.46. With the price consolidating at lower levels, the crypto community is now watching closely to see if this WLFI token burn can spark the momentum needed to bring WLFI back to life and restore investor confidence.

“Burns are a strong commitment from project teams, but investors will only trust them if consistent results follow,” said one market analyst.

Token Burn Details

According to blockchain data from Lookonchain, the WLFI team executed a WLFI token burn by sending 47 million tokens to an irreversible burn address. This figure represents about 0.19% of the total circulating supply of 24.66 billion tokens, trimming the overall supply to just under 100 billion.

Despite the symbolic importance of this WLFI token burn, market reaction has been muted. WLFI is still trading around $0.23 — the same as yesterday’s closing price — showing little sign of recovery so far.

“A single burn often has limited price impact unless it’s part of a long-term strategy,” noted a crypto strategist.

Support and Resistance Levels

Following the WLFI token burn, the token is holding above key support at $0.21. Meanwhile, resistance remains in the $0.25–$0.26 zone, which aligns with the post-launch peaks after the initial sell-off. Analysts note that these levels will be critical for any significant breakout.

However, trading activity looks weak. On the one-hour chart, WLFI is printing small-bodied candles, and volume has dropped off sharply — signaling market indecision. For the WLFI token burn to have a lasting impact, stronger participation from buyers will be needed.

“The technical picture shows hesitation — without volume, price breakouts are unlikely,” explained one technical analyst.

Buyback Proposal Could Boost WLFI

While the 47 million WLFI token burn hasn’t immediately shifted the market, the project’s new proposal could change the game. The WLFI team has introduced a buyback-and-burn program, which will be funded through protocol-owned liquidity fees.

If this plan is approved, it would create ongoing deflationary pressure by repeating the WLFI token burn process regularly. This mechanism could potentially support price growth over the long term by steadily reducing supply and increasing scarcity.

“Sustained buybacks combined with burns can reshape token economics and strengthen investor confidence,” commented an industry expert.

What’s Next for WLFI?

For now, WLFI is trading in a narrow range, and investors are waiting to see whether the WLFI token burn combined with a possible buyback program will trigger a turnaround. Analysts suggest that while one-time burns may have limited short-term impact, a sustained burning mechanism could strengthen the token’s fundamentals and rebuild trust among investors.

The recent WLFI token burn shows the team’s commitment to supply control, but the bigger question is whether such measures can generate lasting momentum. If the buyback plan succeeds, WLFI could eventually regain its lost ground and potentially revisit higher price levels in the months ahead.

 “The future of WLFI depends not on one burn, but on continuous action to restore market confidence,” said one analyst.