🚨 Trump's Crypto Project Plunges 56% 📉
WLFI, the token linked to Donald Trump-backed World Liberty Financial, is facing a harsh reality check as it closes the year down 56% from its peak.
The token has struggled to break through resistance around the $0.20-$0.24 range since its September launch, with sellers consistently stepping in. Trading volume has cooled off, indicating a lack of strong conviction from buyers.
World Liberty Financial raised $550 million through two token sales, and even secured a $1.5 billion treasury deal with ALT5 Sigma. During the bull run, they accumulated positions in $WBTC, $ETH, and other DeFi tokens.
However, the project has drawn intense scrutiny due to Trump’s continued involvement in business ventures while in a political role. Concerns over potential conflicts of interest and allegations of connections to sanctioned entities have fueled regulatory pressure. Despite the headwinds, the company plans to expand into real-world assets in 2026. 🤔
#CryptoNews #WLFI #DeFi #Politics 🚀
