Recently, the WLFI project has brought significant news, as the team is about to implement a buyback and burn mechanism. This strategic move is expected to significantly impact the market supply and demand balance of the token.

Although the specific implementation date has not yet been announced, this decision could become a key factor in reversing the situation against the backdrop of the current market downturn. Industry analysts predict that WLFI's price could see an increase of 20% to 40% in the short term. In an environment where investors are generally cautious and market hotspots are lacking, this positive move by WLFI is expected to attract more attention.

However, experts point out that the success of the buyback and burn plan depends not only on the action itself but also on the transparency and sustainability of its execution. If this plan can be properly advanced, it may not only bring about a short-term price rebound but also strengthen the long-term value foundation and market confidence of WLFI.

From a technical perspective, WLFI's next target price may be in the range of 0.42 to 0.45. If the trading volume can further increase and break through this resistance level, it is expected to challenge the key level above 0.50.

It is worth mentioning that the release of this news coincides with the market's rising expectations for the Federal Reserve to possibly resume interest rate cuts, which could have a positive impact on the overall cryptocurrency market. However, investors still need to closely monitor changes in the global economic situation and regulatory environment, weighing potential risks against rewards.