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WLFI Price Prediction: Trump Token in Chaos After Billionaire Wallet Blacklisted – Collapse Incoming?

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World Liberty Financial has blacklisted a serious investor pockets tied to Tron founder Justin Sun – a dramatic transfer which will have triggered panic throughout the market, with WLFI plunging 18.8% because the information broke.

On-chain knowledge suggests the blacklisted pockets had invested hundreds of thousands into the Trump family-backed mission, elevating critical questions on what comes subsequent and whether or not this shift helps a bearish WLFI price prediction.

The blacklisting occurred after Justin Sun allegedly moved $9 million value of WLFI tokens to exchanges, sparking issues of a possible dump.

Sun shortly responded on social media, claiming the transfers have been merely “deposit assessments” and never supposed to affect the market in any means. Blockchain analysts later backed this up, displaying the transfers occurred between wallets below Sun’s management, to not exterior exchanges as initially feared.

Still, some X customers speculated that World Liberty Financial might have had different motives for blacklisting the pockets – fueling deeper uncertainty across the token’s future.

WLFI Price Prediction: Bullish Breakout Could Mark the Beginning of a Reversal

Trading volumes proceed to be fairly high for the $WLFI token and at present account for 36% of the token’s circulating provide at $1.7 billion.

$WLFI is at a crucial juncture in response to its hourly chart. The value has damaged above a key development line resistance and buying and selling volumes seem to have spiked as soon as this breakout occurred.

wlfi price chart

In the previous 24 hours, WLFI has booked a 4% achieve, signaling a possible restoration.

If the worth breaks above $0.21, it may set off a pointy transfer towards $0.40 and reclaim bullish momentum.

Still, if U.S. buying and selling hours convey contemporary promoting stress, a drop to the $0.05 vary stays in play.

Either means, Justin Sun doesn’t appear apprehensive – he reportedly scooped up $WLFI at simply $0.015, which means he’s nonetheless sitting on large unrealized good points.

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The put up WLFI Price Prediction: Trump Token in Chaos After Billionaire Wallet Blacklisted – Collapse Incoming? appeared first on Cryptonews.

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