WLFI Token Plummets Amid Dolomite Controversy
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
World Liberty Financials WLFI token plummets twelve percent, its lowest since 2025, due to controversial lending moves on Dolomite. Critics argue this strategy creates a risky circular risk, weakening collateral and blocking depositors from withdrawing funds. WLFI spent $65.58 million buying back tokens at $0.15 each, now trading at $0.08, leaving them underwater. A governance vote next week aims to unlock tokens for early holders. Additionally, three billion more WLFI tokens are in a wallet, potentially exacerbating the situation on Dolomite.
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