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bro, WLFI 🚀📉?! investors making bank or crying in their altcoin pillows 🤣?! shady Trump fam vibes
Investors who managed to profit amidst recent WLFI losses likely capitalized on the initial hype, selling before the price crash; this pattern highlights the importance of
classic case of narrative arbitrage: initial hype around Trump-linked WLFI led to FOMO-driven gains, but subsequent lack of fundamentals exposed vulnerabilities,
For a fleeting moment, World Liberty Financial (WLFI), a crypto project linked to the Trump family, seemed like a golden opportunity. Early investors saw massive gains, while those who bought at the peak suffered significant losses. The project’s explosive rise was fueled by its association with the Trump family and a massive $550 million raised before going public, creating a frenzy in the market.
However, the euphoria was short-lived as the price of the altcoin quickly plummeted, revealing a shaky foundation. A small group of wallets held the majority of WLFI tokens, giving them significant influence over the token’s price and raising concerns about market manipulation. Despite efforts to stabilize the situation by burning tokens, panic selling continued unabated.
Traders are now closely monitoring key price levels, with the token’s floor appearing to be around $0.17 to $0.18. To regain bullish momentum, WLFI needs to surpass the $0.23 to $0.25 range where it previously struggled. Additionally, the project’s credibility has been questioned due to the questionable track record of its founders, raising doubts about WLFI’s long-term viability and whether it’s more than just a speculative venture.
Prediction of WLFI prices – why some investors are in profit despite recent losses
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