Trump-Linked WLFI Burns $1.43M in Tokens: A Grand Gesture of Financial Ingenuity 🚿

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In a masterstroke of fiscal theatre worthy of a Victorian pantomime, World Liberty Financial (WLFI)-that most Trumpian of decentralized ventures-has orchestrated a ceremonial pyre of 7.89 million tokens, valued at a princely $1.43 million. This follows a $1.06 million buyback spree across chains, a performance so ostentatiously calculated it would make a Bond villain blush. 💀

Onchain data, as if narrated by a particularly smug butler, reveals the project amassed 4.91 million WLFI ($1.01 million) and $1.06 million in fees, only to squander the lot on repurchasing 6.04 million tokens. A feat of financial alchemy: money spent to spend more money. 🪙

The team then proceeded to incinerate 7.89 million WLFI on BNB and ETH, while 3.06 million ($638k) languish on Solana, awaiting further bureaucratic whims. One imagines the tokens whispering curses as they vanish into the ether. 🔥

This charade follows a 33% price plunge, though WLFI now trades at $0.2049-a 6% rebound, as if the market were seduced by the scent of smoke. Still, it’s a far cry from its all-time high, which now glows like a mirage in the desert of crypto optimism. 🌵

WLFI’s Burn Plan: A Democratic Delusion?

The token-burning strategy, approved by 99% of WLFI holders (presumably those who missed the memo on inflation), promises to reduce supply and “alleviate selling pressure.” A bold claim, considering the team still excludes community liquidity pools-perhaps they fear the common man’s touch. 🤷

Onchain sleuths speculate the program could burn 4 million WLFI daily, a tidy 2% annually. Or perhaps it’s all a ruse. The figures remain as clear as Trump’s post-2020 legal strategy. 🕵️

Trump Family’s $5 Billion Digital Goldmine 🏰

An entity linked to the former POTUS and his golden-haired progeny now commands $5 billion in WLFI, thanks to a token unlock that briefly sent prices to $0.40 before retreating to $0.21. A veritable dynasty of digital wealth, outperforming even the latest Trump-branded steaks. 🥩

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2025-09-27 14:34