World Liberty Financial Token Plummets 30% Amid Project Delays
World Liberty Financial's WLFI token has tumbled nearly 30% over two weeks, with bears now eyeing the psychologically critical $0.10 support level. The DeFi project continues to face mounting skepticism after failing to deliver promised infrastructure beyond its USD1 stablecoin.
Trading volumes show tentative signs of exhaustion, declining 26% to $150 million in the past day. Prominent investor Quinten Francois publicly criticized the team's communication vacuum, noting two months of silence since token generation.
The project's roadmap remains largely theoretical, with key components like its decentralized exchange and lending protocols still labeled 'Coming Soon' on official channels. Market participants appear to be voting with their wallets as confidence erodes in the unbanked-focused initiative.