WLFI Implements Major Token Burn and Buyback Actions

WLFI recently took significant action in the token market, conducting a noteworthy burn and buyback event. On-chain analyst Yu Jin reported that WLFI has destroyed 47 million WLFI tokens, valued at approximately $11.34 million, from an unlocked treasury wallet as part of a governance proposal focused on buyback and token destruction. Furthermore, WLFI executed a buyback operation two days ago, purchasing 6.498 million WLFI tokens at an average price of $0.308 using USD$2 million in cash.