The official token of World Liberty Financial ($WLFI) has been struggling to stay above the $0.20 mark as selling pressure from insiders quickly pushed the token downwards.
The founder of the Tron network, Justin Sun, was accused of dumping millions of $WLFI on investors right after the token was listed on top exchanges, causing the price to plummet from a post-listing high of $0.30 to as low as $0.16 at some point.
Reports emphasize that Sun bought around 3 billion $WLFI tokens during its presale and became one of the largest holders. Despite promising that he would not sell his stash, he went on to make significant transfers to exchanges and offered high yields to $WLFI buyers through his crypto exchange HTX.
The community flagged this as a move to raise enough exit liquidity to dump his tokens.
As a result of the whole controversy, WLFI blacklisted all wallet addresses linked to Sun to prevent him from selling more tokens. Although he clarified that these transactions were part of a test, the Trump-backed protocol did not confirm such information.
— WLFI (@worldlibertyfi) September 5, 2025
In total, WLFI blacklisted a total of 272 wallets. Allegedly, 79% of those wallets were tied to hackers, while a smaller 18.4% were addresses that were compromised, as reported by their owners.
This controversial episode may have impacted the popularity of WLFI in the crypto community, as it fostered the image that this is a centralized protocol that can unilaterally act against token holders.
WLFI Could Deliver 25% Gain After Finding Strong Support at $0.19
Recently, WLFI passed a proposal to burn all of its treasury holdings in an effort to raise the price of the token. The project will use the fees it collects from its liquidity positions on Solana, Ethereum, and the Binance Smart Chain and use those funds to burn $WLFI.
The proposal ends on September 18 and has already been voted ‘Yes’ by 99.7% of those who have participated.
The hourly chart shows that $WLFI has broken its trend line resistance and could be preparing for some sort of recovery after days of dropping.
The $0.19 level acted as a strong support once again and has pushed the token above the psychological $0.20 threshold – the price at which WLFI initially traded for during its listing.
Trading volumes are still quite high at around 11% of the token’s circulating market cap and spiked right after it touched the $0.19 area. Meanwhile, the Relative Strength Index (RSI) shows an ongoing consolidation in this lower time frame.
If $WLFI breaks past the $0.20 mark, we could expect a much stronger move toward $0.25, at least in the near term, meaning an upside potential of around 25%.
Although the performance of $WLFI has been underwhelming for now, altcoin season has kicked off, and the best crypto presales like Maxi Doge ($MAXI) could be the next cryptocurrencies to deliver 10X or even 100X gains to early buyers.
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