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WLFI team burns 100M tokens worth $6.68M amid large unlock overhang and volatile price outlook

Protocol Fundamentals
12 May 2026
Crypto news
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Neutral
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World Liberty Financial (WLFI) team wallets burned 100 million tokens valued at $6.68 million as part of a Lockbox unlock process that destroys 10% of tokens transferred into an unlocking contract. This burn slightly reduces circulating supply but is minor compared to a planned 62 billion-token unlock over time. WLFI trades around $0.067 with high volatility and a mixed short-term price outlook, expected to fluctuate between $0.055 and $0.075 in the next month. Continued burns tied to unlocks could support price gains toward $0.09–$0.10 by late 2026, while accelerated unlocks without burns risk pushing prices down to $0.04–$0.05.

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