The cryptocurrency world is abuzz following the tumultuous launch of World Liberty Financial’s native token, WLFI. Launched with much fanfare and the backing of the Trump family, the token’s rapid price drop has set tongues wagging across the market. Just a day into its debut, WLFI’s value nosedived amid swirling rumors implicating prominent figures in clandestine dealings. This echoes recent developments where Trump-Linked American Bitcoin Stock Falls Below IPO Price After 15% Plunge, highlighting the volatility associated with Trump-backed ventures.
Allegations of Manipulation
In an unexpected twist, Justin Sun, the controversial mastermind behind the Tron blockchain, finds himself at the center of this unfolding drama. According to market expert Quinten Francois, WLFI debuted at $0.20 and quickly gained a market cap of $1 billion. Yet, despite an initial surge, the token’s value spiraled downward, leaving investors perplexed. Francois speculates about exchanges possibly unloading a portion of their holdings—around 2.8%—even as the community clung to their tokens.
Here’s where it gets interesting: whispers and conjecture suggest Sun manipulated WLFI through his exchange, HTX. Reports allege Sun offered users a tantalizing 20% APY for staking WLFI, a ploy to disperse his holdings while disguising it as a user benefit. This maneuver, it is alleged, enabled Sun to profit while potentially covering withdrawals with his own stash. The repercussions have been swift—Sun’s wallet address was reportedly frozen, heightening concerns that WLFI might journey to the dreaded zero mark.
The Specter of Zero
Social media sleuth OxPunisher recently shared a post highlighting Sun’s alleged history of market manipulation, citing dubious trades from 2018 to 2020 that purportedly netted $31 million in illicit gains. The saga continued into 2024, when Sun allegedly withdrew $732 million in Bitcoin from USDD collateral. Just months ago, he reportedly poured $30 million into WLFI as the SEC put his case on ice, stoking further unease among investors.
Francois warns that without Sun’s liquidity tricks, WLFI’s value could collapse entirely. The shadow of President Donald Trump, whose backing initially lured investors, seems to be fading, and with it, the token’s allure. OxPunisher echoes these sentiments, predicting a wave of panic selling as investors seek refuge in more secure assets. This fear, coupled with recent sell-offs, could exacerbate WLFI’s downward trajectory.
Looking Ahead
As the dust settles, the cryptocurrency community is left to ponder the implications of WLFI’s rocky start. The market’s response in the coming weeks will be crucial. Will investors rally behind WLFI, or is the token doomed to languish in obscurity? As always in the volatile world of digital currencies, only time will tell. The unfolding narrative around WLFI underscores the complexities and uncertainties inherent in the crypto space. While some see opportunities in the chaos, others are wary, raising questions about sustainability and ethical practices in this burgeoning industry. In a similar vein, the Nasdaq-Listed Crypto Exchange Group Coincheck Buys Regulated Prime Broker Aplo, signaling a strategic move to bolster market confidence amidst such turbulence. As the calendar turns to autumn 2025, all eyes remain on WLFI and its players, with the market holding its breath for the next twist in this gripping tale.
Source
This article is based on: Expert Predicts WLFI Going To $0 Without Sun’s Support, Panic Selling Looms
Further Reading
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
