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WLFI Token Burn and Price Dynamics: World Liberty Financial (WLFI) initiated a burn of 47 million tokens to stabilize prices, which only accounted for 0.19% of the circulating supply. Despite a brief price peak of $0.331, WLFI's value fell over 27% due to short selling pressures.
Trump Family's Holdings and Conflicts of Interest: Following a major token unlock, entities linked to Donald Trump now control approximately $5 billion in WLFI tokens, raising concerns about potential conflicts of interest as the family is involved in multiple crypto ventures, including American Bitcoin, which is preparing to go public.
