The crypto project WLFI has come under the spotlight after announcing a proposed token burn in response to a drastic price drop post-launch. This move is expected to reduce the circulating token supply, create scarcity, and ultimately stabilize or even increase its market value. This proposal emerged after a massive sell-off by early investors, which triggered price volatility. Token burns are often used by development teams to counter selling pressure and restore community confidence.

WLFI's plan aligns with strategies previously implemented by other crypto projects. Earlier articles from Cointelegraph Indonesia have reviewed how token burn cases by BNB and Terra Classic had a significant impact on market dynamics and investor sentiment.

The next steps will depend on how quickly and transparently WLFI executes this proposal. The community is now awaiting further details, including the number of tokens to be burned and the implementation schedule. This information will be key in determining whether the initiative successfully restores confidence and drives sustainable price growth.