Analytics

Newcomer WLFI Plummets—But Remains a Top Traded Coin on South Korean Exchanges


Current metrics show WLFI has fallen hard. It’s now trading 43.3% below its peak from Sept. 1—just four days back. The token’s market cap hovers near $4.6 billion, with close to 25 billion coins moving through the system.

WLFI’s Rough Debut on Exchanges

This week, eyes turned to World Liberty Financial’s governance token, WLFI. WLFI has been on the market for less than a week. On Sept. 1, it hit $0.3313—a record. Now it trades at values between $0.1855 to $0.1875, down 43.3% from that high. Today, WLFI has seen somewhat of a rebound, rising more than 10% over the last day.

Data from coinmarketcap.com shows about 24.66 billion WLFI tokens in circulation, giving it a market cap near $4.6 billion. A full rollout of all 100 billion tokens would push that to roughly $18.6 billion. After hitting its peak, WLFI slipped—but held above $0.21 until Sept. 3.

WLFI hit a record low on Sept. 4, 2025, dropping to $0.164 per coin. A brief rebound followed news of a token burn and buyback plan announced on Sept. 2. Tether ( USDT) leads WLFI’s trading pairs. The Korean won ranks second—trading even higher than the U.S. dollar.

That data is tied to WLFI’s strong presence on South Korean exchanges. On Upbit, it’s the third most traded coin after ETH and XRP. Over on Bithumb, it ranks fifth, behind USDT, ETH, XRP, and BTC. A quarter of WLFI’s trading activity over the last day was settled in won.

WLFI’s rapid climb and sharp dip hint at a token still searching for footing. Heavy trade in South Korea suggests a broader ambition, but early volatility may test investor patience. The market’s next move over the next few days and weeks will shape WLFI’s long-term story.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button