Yeliz Akmaca 
Dolomite (DOLO) continues losing value despite being listed on Binance and Coinbase. The token fell 30% in August and traded at $0.20 at the time of writing. Exchange listings usually support price and boost investor interest.
However, DOLO failed to benefit from these developments and missed expectations. Investors were caught off guard by the sudden decline. Analysts note that DOLO remains highly speculative due to its connections with WLFI. Additionally, large investors quietly accumulated tokens during the drop. This indicates that whales expect a recovery once the correction stabilizes.
WLFI Connections and Market Speculation
Dolomite started on the Arbitrum platform and later expanded to Polygon zkEVM, Mantle, and X Layer. In 2024, founder Corey Caplan joined WLFI as an advisor. Caplan’s dual role at Dolomite and WLFI fuels speculation about deeper integration between the two platforms. Analysts suggest DOLO could gain value through potential partnerships with WLFI.
https://twitter.com/worldlibertyfi/status/1829608353418322409
On-chain data shows WLFI uses Dolomite for USD1 stablecoin backed by Ethereum collateral. Meanwhile, some investors view DOLO as a “beta project” for WLFI. Furthermore, on-chain analytics reveal that major investors collected tokens amid volatility. As a result, DOLO’s short-term price depends more on WLFI policies and ecosystem influence than exchange listings.
Investors should remain cautious until the WLFI-Dolomite integration becomes clear. This step could signal potential recovery for DOLO in the long term. However, speculative actions and market uncertainty continue to maintain price volatility.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.