The price of WLFI token plummeted following its launch on Labor Day, experiencing a sudden 14% drop despite high trading volumes. Trading volume surged from $259 million at launch to over $2.5 billion shortly after, according to CoinGecko. The token’s value has stabilized around $0.245. A new proposal for addressing the price volatility proposes that all fees generated from liquidity pools be dedicated to buyback and permanent token burning activities. This strategy aims to boost WLFI’s price by reducing its circulating supply through purchasing and burning tokens. experts are divided on the effectiveness of this approach, with some believing it could provide structural support while others argue its impact might be limited due to WLFI’s large speculative valuation and low circulating supply. The drastic price drop after launch highlights the volatility inherent in new cryptocurrency projects. This new strategy aims to address investor confidence by promoting a sense of corporate discipline. However, long-term viability hinges on the project’s actual performance and acceptance.