WLFI drops 14% as controversial token unlock goes to vote

CoinTelegraph5h agoUpdated 4h ago
WLFI drops 14% as controversial token unlock goes to vote
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WLFI token drops 14% as governance vote approves locking 62 billion tokens for two to five years. Despite 99.95% voting approval, community members including Tron founder Justin Sun criticize the proposal as "absurd," comparing it to a rug pull. The vesting schedule keeps early investor tokens locked minimum two years before gradual release, sparking concerns about market timing alignment with Trump's presidency.

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