WLFI Burns 100M Tokens Worth $6.67M — But the Downtrend Isn't Done Yet

World Liberty Financial has torched 100 million WLFI tokens — exactly 10% of a one-billion-token insider allocation — worth roughly $6.67 million, with blockchain analyst EmberCN confirming four team-linked addresses moved the tokens into an unlocked vesting contract before permanently removing the 10% slice via a burn mechanism. The remaining 900 million stay locked under a revised unlock schedule, a move that reduces near-term insider selling pressure and signals at least the appearance of long-term alignment.

The chart, however, tells a harder story. WLFI is trading around $0.0686, down from a launch range of $0.14–$0.19 in early January, with a recent low of $0.050 providing the only tentative floor. The structure is a clean series of lower highs with no accumulation zone forming — the bounce off $0.050 is constructive but unconfirmed. The $0.075–$0.080 band is the first resistance…