Trump-Linked WLFI Cryptocurrency Loses Ground Amidst Bearish Pressure

WLFI, a cryptocurrency linked to former President Trump, has experienced a sharp decline in price, falling below the $0.20 support level and sparking worries among traders about further losses. Data shows that its trading value is now at $0.1871, down over 18% within the past year, erasing much of its initial momentum. Market capitalization has shrunk to $4.61 billion, while daily trading volume surged above $2.2 billion as investors rapidly exited positions, indicating panic-driven trading activity.