- Details of the WLFI Price Drop
- Technical Analysis of World Liberty Financial
- Prospects for the PEPU Meme Coin
The World Liberty Financial (WLFI) token price has plummeted by 81% in the last 24 hours, reaching $0.000000000001631. The price drop occurred amid investors selling off their holdings and news of incidents involving Donald Trump.
Details of the WLFI Price Drop
The WLFI token was created in anticipation of the launch of Donald Trump's decentralized finance platform. However, while the platform's developers have yet to announce the deployment of the native token, several cryptocurrencies claiming to be associated with Trump's project have already entered the market.
Technical Analysis of World Liberty Financial
The WLFI price fell out of a short-term ascending channel, losing support at $0.0000000000021708 and $0.0000000000011018. Currently, the price is testing the technical support at $0.0000000000001073. If the token falls below this level within the next 12 hours, it could set a new low in the subsequent 24 hours. Technically, the WLFI price has also fallen below the 9 EMA line in the last few hours.
Prospects for the PEPU Meme Coin
The Pepe Unchained (PEPU) meme coin is attracting investors during its presale stage. PEPU plans to deploy its own layer-2 network to speed up transactions and reduce fees, which may increase its appeal among investors.
The WLFI price drop resulted from both technical factors and external news. While the WLFI price continues to fluctuate, investors may shift their attention to other promising projects like Pepe Unchained.
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