• The WLFI token has plunged more than 60% from its peak to a new all-time low, signaling a strong downtrend
• However, the price chart is now forming a symmetrical triangle, a classic pattern that often precedes a major reversal
• Analysts are watching for a breakout from this pattern to confirm a potential turnaround for the WLFI price

WLFI has plunged more than 60% from its peak, bottoming near $0.1680 and signaling continual sell-off pressure. 

In a bid to stem the decline, World Liberty Financial burned 47 million WLFI tokens, but the effort hasn’t halted the falling price or restored market confidence.

Early investors are engaged in heavy selling, as evidenced by high-volume transactions. One whale moved 53 million WLFI to the Binance exchange, which points to rapid profit-taking.

Since it was launched, WLFI has seen enormous activity, with over $4.4 billion in trading volume within its first 24 hours. The token debuted around $0.30-$0.40, but shortly afterward, it quickly lost a good chunk of its value. 

The token is closely tied to former President Trump and his sons, who retain a locked 25% stake (give or take). Their estimated holdings are stil…

The post WLFI Price Hits New All-Time Low as “Smart Money” Buys What Whales Are Dumping appeared first on Coin Edition.

• The WLFI token has plunged more than 60% from its peak to a new all-time low, signaling a strong downtrend
• However, the price chart is now forming a symmetrical triangle, a classic pattern that often precedes a major reversal
• Analysts are watching for a breakout from this pattern to confirm a potential turnaround for the WLFI price

WLFI has plunged more than 60% from its peak, bottoming near $0.1680 and signaling continual sell-off pressure. 

In a bid to stem the decline, World Liberty Financial burned 47 million WLFI tokens, but the effort hasn’t halted the falling price or restored market confidence.

Early investors are engaged in heavy selling, as evidenced by high-volume transactions. One whale moved 53 million WLFI to the Binance exchange, which points to rapid profit-taking.

Since it was launched, WLFI has seen enormous activity, with over $4.4 billion in trading volume within its first 24 hours. The token debuted around $0.30-$0.40, but shortly afterward, it quickly lost a good chunk of its value. 

The token is closely tied to former President Trump and his sons, who retain a locked 25% stake (give or take). Their estimated holdings are stil…

The post WLFI Price Hits New All-Time Low as “Smart Money” Buys What Whales Are Dumping appeared first on Coin Edition.