World Liberty Financial’s WLFI Token Faces Critical Support Test Amid Investor Backlash
World Liberty Financial's native token WLFI has plunged 30% in two weeks, teetering NEAR the psychologically significant $0.10 level. The DeFi project's failure to deliver promised infrastructure—including a decentralized exchange and lending protocol—has triggered a crisis of confidence among holders.
Quinten Francois and other investors have publicly criticized the team's communication failures since the token generation event. The project's sole tangible output remains its USD1 stablecoin, while other components languish with "Soon" labels on the official website.
This downturn reflects broader market skepticism toward projects that miss development milestones. While WLFI isn't traded on major exchanges tracked in this analysis, its struggles underscore the importance of execution in the competitive DeFi landscape.