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World Liberty Financial Crashes 30% Amid Trump’s Canada Tariff Threats

BeInCrypto
World Liberty Financial (WLFI) dropped sharply following President Trump's threats of tariffs against Canada, causing holder panic and reduced new investor interest.

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)