World Liberty Financial has burned 175 million WLFI tokens valued at $26.72 million in the early morning hours. This action is part of the company’s strategy to manage its token supply. The burning of tokens is intended to enhance the value of the remaining WLFI tokens in circulation. By reducing the total supply, World Liberty Financial aims to create scarcity, which can potentially lead to an increase in demand. The decision reflects the company’s ongoing efforts to optimize its financial operations and improve market dynamics.
