The WLFI token, launched on September 1, 2025, has generated interest in the cryptocurrency market. Here are the key events related to its launch and security measures.
Launch of WLFI Token
The WLFI token launched on September 1, 2025, with a volume of 24.6 billion tokens, accounting for 20% of a total supply of 100 billion. Initially, the token price was above $0.30, but it soon dropped by approximately 18%, reaching $0.18 at press time. The initial token distribution included 10 billion tokens for World Liberty Financial, Inc., 7.7 billion for Alt5 Sigma, 2.8 billion for liquidity and marketing, and 4 billion for early public-sale buyers.
Security Measures and Attack Prevention
On September 3, WLFI announced it had successfully blocked two hacking attempts on its lockbox by applying on-chain blacklisting of compromised wallets. The team emphasized that these attempts were user key losses and were not due to vulnerabilities in the WLFI code. They are also assisting affected token holders in recovering access to their accounts.
Market Overview and Future Prospects
The WLFI token's market performance has been volatile. After reaching an all-time high of $0.3313 on September 1, the token lost about 30-36% of its value, settling around $0.23. Trading volumes initially hit $4.46 billion within 24 hours but then decreased by over 60%. To stabilize the price, the WLFI team implemented a token burn, sending 47 million WLFI to a burn address, worth approximately $11.3 million.
The launch of the WLFI token represents a significant event in the DeFi space, drawing attention to issues of security and price fluctuations. The project team continues to work on security measures to protect its users.
