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WLFI Token Price Rallies 10% amid Token Burn and Trump Policy News
The native token of Trump-backed World Liberty Financial, WLFI, saw a 10% increase to $0.25, briefly reaching a market cap of $6 billion before settling at $0.24.
- A community vote on September 19 showed 99.8% support for a buyback-and-burn mechanism, enhancing token scarcity and investor confidence.
- Media discussions on Trump's proposed HB-1 visa policy have increased WLFI's visibility in the crypto space.
- Trump-related keywords, including "Trump" and "WLFI," ranked high in social media mentions, indicating political discourse impacting crypto markets.
- Trump Media & Technology Group Corp. (DJT) shares rose by 3%, with its valuation reaching $4.8 billion, reflecting the positive trend seen in WLFI.
The WLFI surge has also drawn attention to early-stage projects like SUBBD, which is nearing its presale goal, highlighting market interest in blockchain-driven ventures.