World Liberty Financial Unveils 8.4 Million WLFI Token Airdrop Amid Price Slump

World Liberty Financial, a DeFi venture backed by US President Donald Trump, announced an airdrop of 8.4 million WLFI tokens, valued at about $1.2 million, to early participants in its USD1 points program. This distribution is being managed across six centralized exchanges: Gate, KuCoin, LBank, HTX, Flipster, and MEXC, rewarding users who traded with USD1 pairs or held USD1 balances. The airdrop aims to recognize community loyalty and drive further adoption of the USD1 stablecoin, which is ranked among the top 10 stablecoins by market capitalization. This initiative is part of a broader expansion plan for the WLFI and USD1 ecosystem, promising more earning opportunities. However, the WLFI token has recently experienced a 24.6% price slump since September, with about 60% of traders remaining bearish, raising concerns that the increased circulating supply from the airdrop could trigger short-term selling pressure.

(Source：BeInCrypto)