World Liberty Financial (WLFI) token has gained attention due to recent events that contributed to a significant increase in its price and trading volumes.
Partnership with Bank of America
One of the main factors behind WLFI's rise is the news of a partnership with Bank of America. Despite the lack of details, the association of a traditional bank with a crypto project has significantly boosted interest in the token. The rapid increase in trading volume by over 80% reflects the renewed interest in the project.
Drama with Justin Sun
The dynamics of WLFI's growth are also linked to a conflict with Justin Sun. WLFI accused him of market manipulation, and in response, Sun made a $10 million investment in WLFI and ALT5 Sigma. This rivalry attracted attention to the token, also contributing to its increase.
Controversy over Account Bans
WLFI also found itself at the center of discussion due to an aggressive strategy of banning certain wallets. Eric Trump noted that 300 accounts were blocked. Some analysts believe that such measures may have reduced selling pressure and contributed to the token’s price stability.
The significant news regarding the partnership with Bank of America, conflicts with Justin Sun, and account bans have been substantial factors for WLFI's growth. The next key level for the token is the psychological mark at $0.25, breaking which may continue the upward trend.