Tech

Robinhood US Listing Propels WLFI Token Above $5B Valuation

2 hours ago
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Key Notes

  • Robinhood’s listing exposes WLFI to 27.4 million funded customers, significantly expanding retail trader access.
  • Strategic partnerships with Tron and ListaDAO boost liquidity through $200M stablecoin mint and lending markets.
  • Technical indicators remain bearish with RSI at 42 despite the surge, requiring close above $0.214 for bullish momentum.

On Thursday, Sept. 25, leading financial assets trading platform Robinhood officially listed World Liberty Financial’s WLFI token. The Trump-backed project surged 3% intraday on the news, lifting WLFI price above the $0.20 resistance with its market capitalization edging towards $5 billion.

With 27.4 million funded customers as of Q2 2024, Robinhood’s listing introduces WLFI to millions of US-based retail traders. The development aligns with World Liberty Financial’s recent alliances with key crypto industry players.

On Sept. 1, Tron

TRX
$0.33



24h volatility:
1.9%


Market cap:
$31.44 B



Vol. 24h:
$823.59 M

founder and WLFI early-investor Justin Sun confirmed a $200 million USD1 stablecoin mint on Tron’s network to boost liquidity. More recently, on Monday, ListaDAO launched WLFI lending markets on BNB Chain, offering collateralized borrowing for USDT

USDT
$1.00



24h volatility:
0.0%


Market cap:
$173.12 B



Vol. 24h:
$144.75 B

and USD1 with 500,000 in initial liquidity and a competitive 0.55% borrowing rate.

These integrations have accelerated WLFI’s global distribution, enhancing its credibility and utility across DeFi ecosystems. WLFI token price briefly touched $0.21 on Thursday before retracing slightly, reflecting both strong demand and cautious investor sentiment.

WLFI Price Forecast: Can Bulls Defend the $0.20 Handle After Robinhood Hype?

WLFI remains in a delicate consolidation zone, with the Robinhood listing offsetting cautious macro sentiment. From a technical perspective, WLFI price trajectory remains relatively neutral despite the 3% intraday uptick. Stabilizing just above $0.20 following Thursday’s Robinhood announcement, the Relative Strength Index (RSI) reads 42, just below the neutral zone, indicating that WLFI is still trending within bearish territories.

World Liberty Financial (WLFI) Technical Price Analysis | Source: TradingView

World Liberty Financial (WLFI) Technical Price Analysis | Source: TradingView

The Balance of Power (BOP) indicator currently leans negative, highlighting seller dominance in recent sessions.

Meanwhile, Bollinger Bands show price consolidating between $0.19 and $0.23. Bulls must stage a close above 20-day moving average at $0.214 to regain dominance. On the downside, the lower Bollinger Band at $0.19 serves as immediate support, and failure to hold that level could risk a retracement toward $0.18.

Best Wallet Presale Hits $16M amid Solana’s Whale Demand Surge

WLFI’s listing on Robinhood has also buoyed interest in early-stage projects like Best Wallet (BEST).

Best Wallet is a multi-chain storage solution with institutional-grade security, offering a compelling alternative for strategic investors seeking early entry into promising projects before major CEX listings.

Best Wallet Presale

Best Wallet Presale

At press time, the Best Wallet presale has raised over $16.1 million. With just over 24 hours remaining at current level, new entrants can still acquire BEST tokens at $0.0256 each before the next price tier unlocks.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Ibrahim Ajibade

Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.

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Source: https://www.coinspeaker.com/robinhood-us-listing-propels-wlfi-token-above-5b-valuation/