WLFI (World Liberty Financial) rose 3.94% in the last 24 hours.

Gate News Bot news, September 2, according to CoinMarketCap, as of the time of writing, WLFI (World Liberty Financial) is currently priced at $0.24, with a pump of 3.94% in the last 24 hours, reaching a high of $0.46 and a low of $0.21. The current market capitalization is approximately $5.862 billion, an increase of $222 million compared to yesterday, currently ranked 26th.

World Liberty Financial is a platform dedicated to connecting traditional finance and the open economy, achieving the integration of DeFi and TradFi through specially designed on-chain products. WLFI is the governance token of the platform, allowing holders to guide the future development direction of the platform through proposals, reviews, and voting. The project is developing several core products, including the USD1 stablecoin, the WLFI mobile application, and lending services.

WLFI recent important news:

1️⃣ Token unlocks draw market attention WLFI will unlock 20% of its tokens for the first time on September 1, with an initial circulation of approximately 27.21 billion tokens, significantly higher than the previously estimated 5 billion tokens. A large number of token unlocks may bring short-term selling pressure, and the market generally expects the price range to be between $0.35 and $0.5. Some large holders even target price levels exceeding $1, indicating a divergence in investor expectations.

2️⃣ USD1 Stablecoin Integrates Multiple Solana Ecosystem Projects WLFI announced that its USD1 stablecoin has been integrated with projects such as Raydium, BONKfun, and Kamino on Solana. This initiative helps USD1 quickly gain ecological application scenarios and enhances the overall influence of the WLFI project.

3️⃣ Multiple exchanges have listed WLFI trading Gate, Coinbase, MEXC and other well-known exchanges have successively announced the launch of WLFI trading pairs. The support from a large number of trading platforms will bring more liquidity and trading depth to WLFI, which is beneficial for price discovery and market stability.

On the technical side, the WLFI price experienced significant fluctuations after the unlocking, reaching a high of $0.46, and then falling back to $0.24. In the short term, it may continue to maintain a high volatility state, and investors need to closely monitor the unlocking progress and the movements of large holders.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.