Eric Trump Hails WLFI’s Explosive Token Launch as Project Incinerates 47 Million Tokens
WLFI just pulled off a token launch that's turning heads—and burning tokens by the millions.
Massive Token Burn
The project torched 47 million tokens in a strategic deflationary move. Supply shrinks, scarcity spikes—classic crypto economics at play.
High-Profile Endorsement
Eric Trump's public praise adds celebrity sheen to the launch. Because nothing boosts crypto credibility like a famous name—until the next hype cycle drops.
Market Mechanics in Motion
Burns fuel speculation, speculation fuels trading volume. It’s the circle of crypto life—until someone actually reads the whitepaper.
Another day, another token making big promises with even bigger burns. Wonder if the SEC’s popcorn machine is running yet.
Security measures against phishing attacks
Alongside the token burn, WLFI has implemented comprehensive security measures by blacklisting multiple wallet addresses suspected of private key compromises.
This action responds to cybersecurity experts’ warnings about hackers exploiting Ethereum’s EIP-7702 standard to target WLFI token claimers.
The mass blacklisting prevented attempted thefts from the project’s Lockbox system, and on-chain records confirmed that compromised addresses were blocked.
WLFI is now assisting affected legitimate holders who need help regaining access to their tokens.
WLFI praises token launch
WLFI and its executives have hailed the token launch as one of the most successful in the crypto industry.
In an X post, Eric Trump, son of the US President, declared the token launch a success by highlighting the dramatic price appreciation from initial offering levels.
He noted that WLFI traded between $0.20 and $0.28 within 24 hours of public launch, representing nearly 20x gains for early investors who purchased at $0.015.
Despite this enthusiasm, WLFI’s market value has declined approximately 50% since Monday’s trading debut. The token is currently trading around $0.22 on major exchanges.
However, the project has defended this performance by saying its price performance is “uncommon.”
According to the team:
“WLFI was initially listed at $0.20. After absorbing early sellers and ~$6B in perp volume on Binance alone, WLFI still trades above list—very uncommon for day-1 launches.”