World Liberty Financial (WLFI) has come under intense market pressure following a sharp selloff tied to two major developments: a controversial $75 million borrowing position backed by WLFI tokens and a governance proposal to introduce a phased token unlock for early holders. The combination of leverage concerns and potential future supply expansion has triggered a strong negative reaction in the market, pushing the token deeper into a sustained downtrend. On April 10 at press time, the WLFI token was trading around $0.0809, down roughly 14% in the past 24 hours. WLFI price chart | Source: Coingecko The altcoin is now hovering close to its all-time low of approximately $0.0801, raising concerns about the project’s viability.
Source: Read the original article
