Trump Crypto Repurchases Have Incinerated $1.4M: WLFI Price Forecast For October?
World Liberty Financial’s coin, WLFI, associated with the Trump family, has incinerated 7.89M WLFI (valued at approximately $1.43M) following a $1.06M buyback funded by DeFi available volume fees. How does this affect the WLFI price forecast?
As per Lookonchain data, the initiative generated $1.01M through 4.91M WLFI collection and $1.06M in market fluidity revenue.
WLFI(@worldlibertyfi) has redeemed 6.04M $WLFI ($1.06M) and incinerated 7.89M $WLFI ($1.43M).
They collected 4.91M $WLFI($1.01M) and $1.06M in fees across Solana, BSC, and Ethereum, subsequently using $1.06M to reacquire 6.04M $WLFI.
Following that, they burned 7.89M $WLFI ($1.43M) on BSC and Ethereum,… pic.twitter.com/UTWpsseAPw
— Lookonchain (@lookonchain) September 27, 2025
The raised funds were subsequently utilized to reacquire 6.04M WLFI from the open market, finalizing the accumulation and burn process.
These operations, performed across BNB Chain and Ethereum in the last 24 hours, are part of a larger strategy to diminish the circulating supply. An additional 3.06M WLFI on Solana is awaiting incineration.
This approach comes after a challenging September for the crypto token and is aimed at stabilizing price movements in October.
Earlier this month, over 99% of coin owners endorsed a governance proposal to direct all treasury market fluidity fees towards buybacks and burns.
The recent round marks the initial implementation of that strategy, intended to lessen selling pressure and bolster trading market structure.
On Saturday, WLFI traded around $0.207, oscillating between $0.203 and $0.214 in the past 24 hours. Daily trading volume fluctuated between $300M and $360M, with market cap nearing $5.1Bn.
WLFI is listed on major exchanges such as Binance and OKX, with the majority of activity occurring on WLFI/USDT trading pairs.
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WLFI Price Forecast: Is WLFI Buckling Up for a Breakout Above Its Consolidation Zone?
Knight, a crypto analyst, posted the WLFI/USDT 4-hour chart, indicating that the token is trading at $0.2057, showing stability prior to a forecast suggesting a potential sharp breakout.
$WLFI https://t.co/DxTOiyccRp pic.twitter.com/eONr9Z3jtz
— KNIGHT (@cryptoknight890) September 27, 2025
Over the last three weeks, WLFI has been trading in a sideways pattern between $0.18 and $0.22. This range has served as both support and resistance, indicating that the trading market is establishing a foundation post-volatile launch.
This pattern demonstrates a phase of accumulation, where buyers and sellers haven’t dominated the crypto market.
The projection line drawn on the chart presents a possible optimistic scenario. Should WLFI maintain support close to the lower boundary, the arrangement suggests potential for a surge.
Resistance points are evident around $0.30, $0.50, and $0.70, with a potential push towards $1.00 if momentum gathers. The outlook also anticipates pullbacks, which would align with a healthy upward trend rather than a continuous rise.
From a technical standpoint, this resembles the conventional transition from accumulation to expansion. Prolonged flat trading frequently precedes significant movements, particularly in low-liquidity tokens.
The recent $1.4M buyback and burn by WLFI intensifies this pressure, fostering conditions for a token supply crunch. Traders are closely monitoring to see if October ushers in the next upward phase.
Currently, WLFI remains within its consolidation range. A definitive close above $0.22-$0.23 could initiate a trend shift, transforming the present quiet range into an upward momentum rally.
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The post Trump Crypto Buybacks Just Burned $1.4M: WLFI Price Prediction For October? appeared first on 99Bitcoins.
