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World Liberty Financial Airdrops 8.4 Million WLFI Tokens Valued at $1.2B
World Liberty Financial announced an upcoming airdrop of 8.4 million WLFI tokens, valued at $1.2 billion.
Key Points:
- The distribution will occur across six exchanges: Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC.
- Early participants in the USD1 stablecoin's Points Program will receive the WLFI tokens first.
- The USD1 stablecoin is backed by the US dollar and currently ranks as the sixth-largest globally with a market cap of $2.94 billion.
- World Liberty plans to expand its points program with new partners and DeFi integrations.
- A WLFI buyback and burn plan has also been announced.
WLFI Token Performance:
- WLFI surged 20% over the past week, aiming for a breakout past $0.15.
- Daily trading volumes increased by 27% to $266 million.
- Analyst Marzell identified $0.14-$0.15 as a key support zone and $0.19 as a critical resistance level.
- The token shows signs of accumulation, suggesting potential further upward movement if it holds above $0.15.