World Liberty Financial (WLFI), the Trump-linked cryptocurrency that generated major buzz during its recent launch, is now facing a sharp downturn.
The token has slipped under the key $0.20 support level, sparking concerns of a deeper slide among traders.
Data shows WLFI trading at $0.1871, down more than 18% over the past year and erasing much of its early launch momentum. Market cap has dropped to $4.61 billion, while daily volume spiked above $2.2 billion as investors rushed to exit positions, a sign of panic-driven trading activity.
Technical Breakdown Raises Red Flags
Prominent analyst Ali Martinez highlighted the recent breakdown, warning that the loss of $0.20 support could accelerate losses. According to Martinez, WLFI is now vulnerable to testing the $0.15 and even $0.10 levels if bearish momentum continues.
Charts show a steady decline since the token’s early peaks, with lower highs and heavy sell-offs dominating recent trading sessions. The inability to hold above $0.20 suggests weak buyer confidence despite significant liquidity.
From Hype to Uncertainty
WLFI gained attention as one of the most politically-linked cryptocurrencies, drawing in both retail traders and speculative investors. But the crash highlights how quickly sentiment can flip in the altcoin market, especially for newly launched projects without established track records.
Despite the hype, WLFI’s fully diluted valuation of $18.82 billion now looks increasingly stretched given current price action. Its circulating supply of over 24.6 billion tokens adds further pressure, with dilution concerns weighing on investor sentiment.
What Comes Next?
If support at $0.15 fails to hold, WLFI risks an accelerated selloff toward $0.10. On the flip side, a rebound above $0.20 would be needed to restore confidence and stabilize trading. For now, the token sits in a fragile zone where market volatility and investor sentiment will decide its next move.
The question remains whether WLFI’s strong branding and political ties can outweigh its rocky market debut—or if this crash signals the beginning of a longer downturn.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/market/trump-linked-wlfi-token-faces-heavy-sell-off-as-bears-target-0-15/