World Liberty Financial Unveils Governance Proposal for WLFI Tokens
- Governance Proposal Released: World Liberty Financial announced a governance proposal on Wednesday that aims to place 62.28 billion locked WLFI tokens under new multiyear vesting schedules to enhance liquidity and address holder pressures.
- Token Vesting Arrangement: The proposal stipulates that early supporters' locked tokens will face a two-year cliff followed by a two-year linear vest, while allocations for founders, teams, advisers, and partners will have a two-year cliff followed by a three-year linear vest, with holders opting out remaining locked indefinitely.
- Token Burn Plan: The proposal includes a potential burn of up to 4.52 billion WLFI tokens, representing 10% of the founder, team, adviser, and partner allocation, aimed at reducing market supply and enhancing token value.
- Governance Structure Controversy: This proposal comes amid increasing scrutiny of WLFI's governance and criticism from holders, with founder Justin Sun questioning transparency and alleging governance votes lacked broad participation, prompting WLFI to threaten legal action against him.
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Technical Analysis for WLFI
Technical Sentiment Analysis for World Liberty Financial (WLFI). As of , World Liberty Financial (WLFI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WLFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, WLFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
World Liberty Financial (WLFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0485 | 0.0626 | 0.0725 | 0.0866 | 0.0965 | 0.111 | 0.12 |
| Fibonacci | 0.0626 | 0.0718 | 0.0774 | 0.0866 | 0.0958 | 0.101 | 0.111 |
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