WLFI: Burns $115M to Lift USD1 Scale 50% | Flash News Detail | Blockchain.News
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5/24/2026 8:11:00 AM

WLFI: Burns $115M to Lift USD1 Scale 50%

WLFI: Burns $115M to Lift USD1 Scale 50%

WLFI spent over $115 million on USD1 subsidies, driving scale from $3.137B to $4.76B in four months.

Source

Analysis

WLFI allocated more than $115 million in token incentives across Binance, Bybit, Aster and Dolomite over four months to expand USD1 market share, lifting total scale 50% from $3.137 billion to $4.76 billion. WLFI price prediction models now factor this aggressive spend into forward supply dynamics while traders monitor whether sustained subsidies can offset ongoing dilution. On the 4h chart WLFI sits at $0.06 exactly at both the lower Bollinger Band and EMA50 support with EMA200 overhead at $0.07; the neutral RSI at 47.18 combined with the MACD golden cross points to a probable quick test of upper-band resistance at $0.07 before any deeper retracement.


余烬

@EmberCN

Analyst about On-chain Analysis