WLFI Token Dey Face Manipulation Claims and Sun Blacklist
Di WLFI token na start for $0.47 for September 1, e reach small pass $0.30, then e dive 61% down to around $0.18. Di Trump-backed DeFi token dey face manipulation claims after World Liberty Financial talk say some crypto exchange wey dem no know block sell orders. On-chain analytics from Nansen and Arkham show 50 million WLFI transfer go HTX, e cause fear say dem wan suppress market. Di platform blacklist Justin Sun wallet, freeze $540 million unlocked WLFI and 2.4 billion locked tokens. Sun talk say e no affect market, e call am small exchange deposit test. E invest $30 million for WLFI for November 2024, become di biggest backer and dey support new regulatory framework for digital assets. Traders still dey fear as WLFI token dey waka up and down.
Bearish
Di sharp drop we WLFI token do from im $0.47 debut plus all di manipulation claims we follow cause bad gbege for market mind. To blacklist Justin Sun wallet and freeze over $540 million tokens add wahala for regulation side and e fit scare new buyers. For short term, traders fit still dey face selling pressure and wahala for price movement. Even though Sun deny am and regulators dey support digital assets, e fit make WLFI stabilize for long term but as e be now, e look like market go bearish.