- WLFI struggles on its first trading day as investors cash out.
- BGB sees growth due to expanded roles within the Morpho ecosystem.
- MemeCore climbs into the top 100 after impressive gains.
On Tuesday, the cryptocurrency market reflected a blend of performances, with several leading tokens showing stability amid prevailing uncertainties.
As usual, the landscape is bustling today. This article delves into three notable projects that are making significant waves both fundamentally and technically. Let’s explore further.
The recent launch of World Liberty Financial’s WLFI token marked a significant moment in the market, but initial exuberance quickly turned to caution as it fell over 14% on its first trading day.
In contrast, MemeCore has impressively secured a position in the top 100 digital assets by market capitalization, experiencing notable gains facilitated by strategic partnerships and whale acquisitions.
Additionally, BGB has surged following a hint from Bitget regarding enhanced governance features and practical applications for its native coin within the Morpho blockchain. Here are more details on these developments.
WLFI’s Disappointing Start
World Liberty Financial launched its governance token, WLFI, on September 1, capturing attention in crypto circles and social media through early investor enthusiasm.
Initially, the token soared to highs of $0.33, but this optimism was short-lived. Soon after its debut, selling pressure from liquidity unlocks led to a rapid decline.
At the time of writing, WLFI has dropped to $0.2397, reflecting a loss of more than 14% within just 24 hours.
The market capitalization has plummeted from over $9.4 billion to $6.55 billion, placing it at #33 on CoinGecko.
Many investors are grappling with substantial losses. For instance, prominent figure Andrew Tate reported a loss of $67.5K earlier today due to selling pressure that liquidated his long position. He has since re-entered the market, indicating a potential rebound strategy.
BGB Gains Momentum with New Use Cases
In stark contrast, Bitget’s native token BGB has experienced a remarkable surge, rising by over 15% to reach $5.26.
This bullish trend aligns with Bitget’s recent collaboration with L2 payment platform Morph, which aims to redefine BGB’s functionality within the market.
#Bitget has announced a strategic partnership with Morph Chain @MorphLayer.
Through this exclusive collaboration, all #BGB tokens held by the team (440M BGB) will be transferred to the Morph Foundation. The Morph Chain will adopt BGB as its gas and governance token, powering… pic.twitter.com/jPrRSDQTRN
— Bitget (@bitgetglobal) September 2, 2025
The exchange has confirmed plans to transfer all 440 million BGB tokens held by its team to the Morpho Foundation, which will oversee all future developments associated with the cryptocurrency.
This adjustment signifies that BGB will acquire new utilities as the governance and gas token for Morpho, poised for increased adoption in the payment sector.
The official announcement elaborated:
Bitget plans to transfer all BGB tokens held by its team to the Morpho Foundation, and the Morpho chain will adopt BGB as its gas and governance token, driving the prosperity of the Morpho ecosystem.
MemeCore Breaks into the Top 100
MemeCore has generated significant buzz after its remarkable rise into the top 100 digital assets by market capitalization.
The token is currently trading at $0.8369 and ranks 93rd on CoinGecko, boasting a market capitalization of $1.39 billion.
Several factors have driven this growth, including strategic partnerships, whale purchases, and liquidity events that injected significant capital into the ecosystem.
The pivotal catalyst for this upward momentum was the recent partnership with token launcher D-Pump, promising technical support and expanded market access, appealing to investors in search of the next big crypto project.
Additionally, the MemeX liquidity event has infused around $5.7 million into the MemeCore ecosystem, attracting liquidity providers and traders alike, further contributing to recent price surges.
Moreover, data from Nansen indicates a spike in whale activity, with large investors collectively acquiring over 51.9 million MemeCore tokens last month, reinforcing the asset’s bullish outlook.
