Trump-Backed World Liberty Financial Hits ATH: Is This the Start of a New Era?
World Liberty Financial—the controversial Trump-endorsed fintech—just shattered expectations. Again.
Breaking records or breaking trust?
The 'political alpha' play: How a polarizing backer turbocharged adoption. Love him or hate him, Trump’s stamp sends markets into overdrive—even when regulators raise eyebrows.
Peak or pitstop? Skeptics whisper 'pump,' but the charts scream momentum. One thing’s clear: in today’s market, tribalism trades at a premium.
(Bonus jab: If 'financial liberty' includes 30% APR 'opportunities,' maybe we’re all freer than we thought.)
Source: CoinGecko
Can World Liberty Financial Sustain Its Rally?
WLFI’s latest upswing comes amid a larger market resurgence. The market rally is likely due to the US government nearing the end of its shutdown. President TRUMP recently stated that the shutdown is near its end and that we will know more about it soon.
World Liberty Financial’s (WLFI) upswing may have also been triggered by President Trump’s $2000 dividend payment to all Americans, excluding high-net-worth individuals. The MOVE may have led to a boost in investor sentiment, triggering a rally for the Trump-linked cryptocurrency.
JUST IN:
President Trump says Americans will get at least a $2000 dividend payment, excluding high-income earners.
WLFI is currently down by 52.7% from its all-time high of $0.3313. The asset hit its peak on Sept. 1 of this year. If the asset maintains its current trajectory, it could hit a new all-time high very soon.
Despite the latest upswing, CoinCodex analysts anticipate a bearish reversal for WLFI. The platform predicts the asset will face a correction and hit $0.092 on Nov. 20. Falling to $0.092 from current price levels will entail a rally of about 39.4%.
The crypto market is still recovering from the bloodbath over the last month. October, despite being a historically bullish month, experienced the highest single-day liquidation in crypto history. WLFI could face fresh volatility over the coming days, given the bearish market environment.
