Can $0.23 hold after volatile Trump token launch?
The post Can $0.23 hold after volatile Trump token launch? appeared on BitcoinEthereumNews.com.
Summary The Trump-backed WLFI token launched at $0.33 but quickly dropped nearly 50% to around $0.23. A recent 47 million token burn aims to reduce supply and support the price. Holding $0.23 is critical for a possible rebound toward $0.27–$0.30; falling below risks a slide to $0.20 or lower. About 25% of tokens are reportedly held in Trump-affiliated wallets, raising concerns over market manipulation. Security issues and volatile trading keep the WLFI outlook mostly bearish to neutral in the short term. The Trump-backed WLFI token made a splash this week, launching at about $0.33 and rocketing up before quickly crashing back down to around $0.23. That’s nearly a 50% drop from the highs. A lot of hype, a lot of heat, and even a big 47 million token burn meant to tighten supply and give the price a lift. Now, everyone’s watching that $0.23 mark, let’s dive into our WLFI price prediction. Will price hold steady and fuel a rebound, or are we looking at another leg down as the doubters pile in? WLFI price prediction: Current price action World Liberty Financial (WLFI) is trading near $0.23, down 5–8% intraday after a volatile start. The quick surge to $0.33 didn’t last, and traders are adjusting their short-term expectations accordingly. WLFI 1-day chart, September 2025 | Source: crypto.news The recent token burn — 47 million units, or roughly 0.19% of total supply — was a deliberate attempt to introduce scarcity and revive buying interest. Upside market factors If WLFI can hold the line at $0.23, there’s a decent shot it bounces back toward the $0.27 to $0.30 range. That kind of move would likely be fueled by traders chasing short-term wins, especially with the recent token burn tightening up supply. The Trump connection is still generating buzz — and as long…
Filed under: News - @ September 4, 2025 1:26 am