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DOLO Price Tanks Despite Binance, Coinbase Links — Is WLFI Dolomite’s Last Stand?

Dolomite (DOLO) Price Performance

Dolomite (DOLO), a decentralized lending protocol constructed on Berachain, has merchants on edge. Nonetheless, its affiliations with World Liberty Monetary (WLFI) will be the saving grace for DOLO holders.

Regardless of itemizing on each Coinbase and Binance in August, the token’s worth continues to fall, with the potential for additional losses.

Binance and Coinbase Listings Fail to Save DOLO as WLFI Ties Strain Worth

The DOLO value is down by 30% within the final 24 hours, and was buying and selling for $0.20 on the time of writing.

Dolomite (DOLO) Price Performance
Dolomite (DOLO) Worth Efficiency. Supply: TradingView

It follows Coinbase Exchange’s current announcement that Dolomite (DOLO) had been added to its listing roadmap alongside a number of different tokens.

Only a week later, Binance Africa revealed plans for a DOLO “HODLer Airdrop” with an upcoming listing on the main exchange.

Usually, such developments would set off bullish momentum. For Dolomite, nevertheless, the DOLO value collapsed, catching traders off guard.

As DOLO itemizing on well-liked exchanges fails to ship amid shifting sentiment, analysts level to Dolomite’s entanglement with World Liberty Monetary (WLFI) as a possible driver.

Dolomite’s Ties with World Liberty Monetary Sparks Hypothesis

Dolomite began on Arbitrum (ARB) in 2022 and has since expanded to Polygon zkEVM, Mantle, and X Layer. It positions itself as a next-generation cash market platform.

In September 2024, Corey Caplan, the co-founder and creator of Dolomite, joined WLFI as an advisor. WLFI has teased main partnerships and described Caplan because the “first of many” advisors to hitch.

Caplan’s twin involvement in each Dolomite and WLFI has fueled hypothesis that the 2 platforms might forge deeper integrations. Crypto merchants on X (Twitter) latch onto the WLFI connection as a possible catalyst.

“If DOLO goes to be in direct partnership with WLFI over AAVE… It’s going straight into the stratosphere. Simply doing multiples from right here,” wrote one analyst.

One other investor tracked blockchain information, noting that WLFI had already used Dolomite to collateralize Ethereum (ETH) and borrow its USD1 stablecoin.

“DOLO might be some of the undervalued initiatives for the time being,” the dealer said.

Others framed DOLO as a “beta play” for WLFI, highlighting Caplan’s twin management roles.

In the meantime,on-chain evaluation has additionally revealed that giant holders have been quietly accumulating DOLO amid the volatility.

A number of wallets have purchased between $100,000 and $500,000 value of tokens over the previous week, suggesting that whales count on a rebound as soon as the correction stabilizes.

Due to this fact, the DOLO value could also be at a crossroads, with alternate listings having expanded its visibility. Its short-term value trajectory is probably going outlined extra by political and narrative-driven forces surrounding WLFI than by core fundamentals.

If WLFI and Dolomite turn into integral companions within the ecosystem, the present downturn could also be a brief mispricing.

Nonetheless, till readability emerges, DOLO holders stay caught between the hype of Trump-linked crypto ventures and the dangers of speculative overextension.

The publish DOLO Price Tanks Despite Binance, Coinbase Links — Is WLFI Dolomite’s Last Stand? appeared first on BeInCrypto.

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