What’s the real WLFI? How to avoid the scammers
The World Liberty Financial token (WLFI) began trading on several exchanges, including Binance, Bybit, and KuCoin, after months of speculation. WLFI serves as the governance token for a decentralized finance platform, enabling holders to vote on protocol decisions. The project's total supply is 24.66 billion tokens, with allocations to World Liberty Financial Inc., Alt5 Sigma Corporation, liquidity/marketing, and the public. A surge in trading volume has seen WLFI's price rise to $0.26, reflecting speculative demand and market volatility. However, multiple scams have emerged, featuring imitation smart contracts that could cause significant financial loss. Users are advised only to trust updates from verified accounts to avoid falling victim to these scams. Correct smart contract addresses have been provided to help users distinguish the legitimate WLFI from clones. Moreover, Coinbase plans to support WLFI once liquidity conditions are established, highlighting ongoing interest in the token amid market apprehension.
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