World Liberty Financial Crashes 30% Amid Trump’s Canada Tariff Threats
Summary
World Liberty Financial (WLFI) experienced significant volatility and a price crash, reportedly due to President Donald Trump's threats of imposing tariffs on Canadian-made aircraft and warnings against a trade deal with China. These geopolitical headlines triggered a rapid sell-off, with top non-exchange addresses dumping roughly 380 million WLFI, valued over $51 million, indicating heightened fear among holders. Furthermore, new investor participation declined sharply, as network growth metrics fell by 59%, suggesting hesitation to commit capital amid the uncertainty. Consequently, WLFI's price fell about 25% over three days, breaking down from an ascending wedge pattern and trading near $0.123, with a potential target near the $0.113 support zone if selling pressure continues.
(Source:BeInCrypto)