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Trump-Backed WLFI Token Surges 10% Amid Whale Activity and Event Hype

Trump-Backed WLFI Token Surges 10% Amid Whale Activity and Event Hype

Author:

Global Cryptocurrency

Published:

2026-02-09 11:52:02

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BTCCSquare news:

World Liberty Financial's WLFI token, endorsed by the TRUMP family, defied broader market weakness with a 10% surge to $0.109, elevating its market cap near $2.91 billion. The rally follows a strategic accumulation by a new whale address that deployed 10 million USDC to acquire 47.6 million WLFI tokens, retaining additional dry powder for potential further purchases.

Trading volume skyrocketed 100% to $227 million within 24 hours, signaling renewed speculative interest despite the token's 52% annual deficit. Market participants attribute the momentum to anticipation for the upcoming World Liberty Forum at Mar-a-Lago, though the announcement remains incomplete.

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