WLFI Token Sees Sharp Decline Despite marketing Buzz
The WLFI token, backed by Trump, made headlines with its launch at $0.33. However, the excitement was short-lived as it dropped nearly 50%, settling around $0.23.
A notable 47 million token burn aimed to curb supply and boost value. Traders now focus on WLFI’s performance around the $0.23 level.
- If WLFI holds above $0.23, prices might climb to $0.27–$0.30.
- Drops below $0.23 could lead to further declines to $0.20 or less.
About 25% of WLFI tokens are said to reside in Trump-linked wallets, sparking market manipulation fears.This concentration, combined with security concerns like wallet breaches, fuels uncertainty.
Without addressing these issues, WLFI faces continued skepticism. The 47 million token burn is thus a crucial factor. It aims to generate scarcity and attract buyers.
Media coverage of Trump’s involvement keeps WLFI in the spotlight. Yet, this attention alone may not sustain growth.Significant rallies require tangible ecosystem updates, not just hype.
WLFI’s price prediction hangs in the balance,ranging between $0.23 and $0.30. A breakout above $0.27 with strong volume could push it towards $0.30.
Though,WLFI’s outlook remains tepid. Volatility, lack of clarity, and high-risk profiles discourage long-term investors. Short-term speculation remains the dominant trend.
