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World Liberty Financial, backed by Donald Trump’s family, plans a buyback-and-burn program to shore up its price after the WLFI token plunged 23% after launch yesterday. WLFI debuted at $0.30, pegging its fully diluted value at $30 billion after it listed on crypto exchanges including Binance, OKX, and KuCoin . But the token quickly plunged, putting pressure on the project to restore confidence among investors. It’s trading down about 20% at $0.2472 as of 5:16 a.m. EST, according to CoinGecko. The governance proposal calls for fees from WLFI’s liquidity positions on Ethereum, Binance Smart Chain, and Solana to be used to buy back tokens from the open market and send them to a burn address, permanently reducing supply. The project said community and third-party liquidity providers’ fees would remain untouched. The buyback-and-burn plan is presented as a way to favor committed long-term holders while discouraging short-term speculators. The proposal has already...

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Ondo Finance’s native cryptocurrency is experiencing a trading volume boost this week, with Friday seeing over $440.31M worth moved. The asset is down over 50% from its all-time high of $2.14 last December. Fortunately, investors don’t seem phased, still swooping up the cryptocurrency amid a larger dip. Could ONDO reclaim its all-time high and boom further by as much as 110%? Despite its latest drop in price, the ONDO community seemed to be quite optimistic about a potential uptick. According to CoinMarketCap’s community sentiment data, about 87% of the market is bullish about the coin’s rise in the near future. Meanwhile, about 13% of them were not confident about the asset’s ascent. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at the start of the year. ...

US President Donald Trump-backed crypto project World Liberty Financial (WLFI) suddenly sent $307.4 million worth of digital assets to the Coinbase Prime exchange, according to on-chain data. Market intelligence firm Spot On Chain says World Liberty Financial moved $307.41 million in eight assets to top US crypto exchange Coinbase on Monday. The World Liberty Financial transfers to the platform include 73,783 Ethereum (ETH) worth $212.6 million at the time and 552.9 Wrapped Bitcoin (WBTC) worth $52.7 million at the time. Source: Spot On Chain/X While projects often move digital assets to exchanges when they intend to sell them, World Liberty Financial says in a statement that they are not selling off the assets amid the market correction. “We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements. To be clear, we are not selling tokens – w...

BNB Chain is collaborating with Telegram to simplify the decentralized ecosystem for its extensive user base and attract more Web3 enthusiasts. Following its partnership with The Open Network, Telegram has emerged as a hub for Web3 activity, introducing Mini Apps and various play-to-earn projects. These web-based apps operate directly within the Telegram platform. Meanwhile, the crypto market witnessed an uptick over the past 24 hours after Bitcoin crossed the $60,000 mark. As such, tokens across several blockchains are witnessing price rallies. This article focuses on the top trending cryptos on Solana Chain today. Top Trending Cryptos on Solana Chain Today The Dogs of Elon (DOE) project is a community-led initiative born in response to two previous rug pulls by bad actors in the space. World Liberty Financial has launched $WLFI, a meme coin promoting financial freedom and independence. The CLYDE token, inspired by the character Clyde, the orange ghost from Pac-Man, is working to c...