World Liberty Financial: Token Surges 17 Percent Despite Political Controversies
The WLFI token records significant price gains during an exclusive conference at Mar-a-Lago, while U.S. senators seek to examine a multimillion-dollar deal with investors from the Emirates.
The token of the crypto project World Liberty Financial rose by approximately 17 percent within 24 hours, reaching a price of $0.1184 with a market capitalization of about $3.1 billion [1].
The price increase occurs parallel to the currently ongoing World Liberty Forum, a private conference at Mar-a-Lago featuring high-ranking representatives from the financial industry. Among the speakers is U.S. rapper Nicki Minaj, which sparked discussions on social media in advance [1].
At the same time, the political debate surrounding the project is intensifying: Two U.S. senators are calling for an investigation into a planned investment from the United Arab Emirates totaling approximately $500 million. Potential conflicts of interest and national security concerns are at issue, particularly regarding the connection to Donald Trump's circle [1].
From a technical perspective, the token shows short-term strength: The price is trading well above the EMA-20 at $0.1066, the RSI stands at 67 and signals bullish momentum. The next resistance levels are located at $0.1193 and $0.1341 [1].
Sources
- [1]btc-echo.de
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