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Trump-Backed WLFI Plunges 7% In 24 Hours As Geopolitical Tensions Rattle Crypto Markets

Trump-Backed WLFI Plunges 7% In 24 Hours As Geopolitical Tensions Rattle Crypto Markets

WatcherWGuru
Release Time:
2026-04-09 09:02:00
0

World Liberty Financial (WLFI), the cryptocurrency project backed by the Trump family, has plunged nearly 10% this month despite a US-Iran ceasefire agreement, signaling deep investor anxiety over geopolitical risk. The token crashed 7% in the last 24 hours alone, extending a brutal sell-off that has erased roughly one-tenth of its value over the past 30 days as traders flee perceived volatility-linked assets.

What’s Behind Trump-Backed WLFI’s Price Crash?

WLFI Token Launch

Source: The Crypto Basic

World Liberty Financial’s (WLFI) price dip could be due to the project integrating its USD1 stablecoin with AB DAO. AB DAO was caught in a significant controversy after the project promoted the Cambodian Prince Group. Prince Group founder Chen Zhi was sanctioned by US and UK authorities in November of last year for his involvement in a large-scale online fraud. Authorities seized about $15 billion worth of Bitcoin (BTC). WLFI’s involvement with AB DAO may have led to a dip in investor confidence.

Moreover, WLFI’s treasury had reportedly deposited 3 billion tokens into Dolomite and borrowed over 50 million USD1. The move raised significant questions about WLFI’s treasury.

World Liberty Financial’s (WLFI) price dip comes amid a market-wide correction. Bitcoin (BTC) has faced a rejection at the $72,000 price level, which may have led the dip. BTC’s dip is not surprising. The asset has faced substantial resistance at this price range over the last few months. The crypto market saw some relief after the US-Iran ceasefire announcement. However, the upswing was short lived as risk appetite is still low.

Given the larger bearish market environment, and low risk appetite among investors, it is unlikely that WLFI will see a breakout anytime soon. CoinCodex analysts also paint a bearish picture for WLFI over the coming weeks. The platform anticipates the asset’s price to dip to $0.06408 on April 18, 2026.

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