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The 25% single-day big pump of WLFI: The true and false maze of Trump concept coin
[Coin World] Recently, the WLFI coin has been quite lively. It pumped 25.5% within 24 hours, mainly following the market trend, plus the news from Donald Trump about sending $2000 dividends to Americans has boosted market sentiment.
However, this matter is quite subtle - although outsiders claim that this project has intricate connections with the Trump family, if you look at their official website, they clearly distance themselves, stating that Donald himself and his people are not involved at all. It's hard to say what the truth is, but this ambiguous relationship is indeed eye-catching.
From a technical perspective, WLFI is currently lying 52.7% below its historical high of $0.3313. Analysts at CoinCodex have poured a bucket of cold water on this: while there has been a short-term increase, the volatility is a concern, and they expect it may pull back to around $0.092 by November 20. Whether this rebound can hold will depend on whether the subsequent trading volume can keep up.