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

Dolomite (DOLO), a decentralized lending protocol built on Berachain, has traders on edge. However, its affiliations with World Liberty Financial (WLFI) may be the saving grace for DOLO holders.

Despite listing on both Coinbase and Binance in August, the token’s value continues to fall, with the potential for further losses.

Binance and Coinbase Listings Fail to Save DOLO as WLFI Ties Pressure Price

The DOLO price is down by 30% in the last 24 hours, and was trading for $0.20 at the time of writing.

Dolomite (DOLO) Price Performance. Source: TradingView

It follows Coinbase Exchange’s recent announcement that Dolomite (DOLO) had been added to its listing roadmap alongside several other tokens.

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

Normally, such developments would trigger bullish momentum. For Dolomite, however, the DOLO price collapsed, catching investors off guard.

As DOLO listing on popular exchanges fails to deliver amid shifting sentiment, analysts point to Dolomite’s entanglement with World Liberty Financial (WLFI) as a potential driver.

Dolomite’s Ties with World Liberty Financial Sparks Speculation

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 money market platform.

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

Caplan’s dual involvement in both Dolomite and WLFI has fueled speculation that the two platforms could forge deeper integrations. Crypto traders on X (Twitter) latch onto the WLFI connection as a potential catalyst.

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

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

“DOLO is probably one of the most undervalued projects at the moment,” the trader said.

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

Meanwhile,on-chain analysis has also revealed that large holders have been quietly accumulating DOLO amid the volatility.

Multiple wallets have purchased between $100,000 and $500,000 worth of tokens over the past week, suggesting that whales expect a rebound once the correction stabilizes.

Therefore, the DOLO price may be at a crossroads, with exchange listings having expanded its visibility. Its short-term price trajectory is likely defined more by political and narrative-driven forces surrounding WLFI than by core fundamentals.

If WLFI and Dolomite become integral partners in the ecosystem, the current downturn may be a temporary mispricing.

However, until clarity emerges, DOLO holders remain caught between the hype of Trump-linked crypto ventures and the risks of speculative overextension.