Crypto

Trump-Linked WLFI Erases $427 Million From Market Cap on DeFi Loan, Token Unlock Proposal

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In brief

  • World Liberty Financial’s governance token plunged to new lows on Friday, shaving $427 million in market cap over the past day.
  • The Trump-backed crypto project responded to what it described as “FUD” after tapping DeFi protocol Dolomite for $160 million in USDC loans.
  • World…

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