Here’s Why WLFI Price Is Pumping Today

World Liberty Financial token (WLFI) is grabbing attention again, and this time it’s for all the right reasons. The token has shot up more than 30% today, now trading around $0.2419. 

On top of that, trading volume has spiked over 80%, showing just how much interest has suddenly poured back into this project. So what’s driving all the excitement? Let’s break it down.

One of the biggest sparks behind today’s rally is news about a major partnership. According to BDCryptoGuru, Bank of America has partnered with WLFI. Even though details are still thin, just having a big traditional bank linked with a crypto project is enough to stir up hype. That headline alone has brought in a wave of fresh buyers.

Drama With Justin Sun Adds More Heat

Things have also gotten interesting thanks to some drama with Justin Sun. As WiseAdviceSummit pointed out, WLFI accused Sun of manipulation, and instead of backing down, Sun fired back with a $10 million investment into WLFI and ALT5 Sigma. Not long after, Tron (TRX) dropped in price while WLFI price pumped higher.

Whether it’s a calculated move or just a publicity stunt, this back-and-forth has kept WLFI in the spotlight, and clearly, the token is benefiting from all the attention.

Account Bans Create Controversy

Another surprising twist comes from WLFI’s aggressive move to ban wallets. As noted by Satoshi Club, Eric Trump himself commented on the issue, pointing out how 300 accounts were banned.

Some analysts think this crackdown may actually be one of the key drivers behind the pump. By restricting certain wallets, WLFI could be reducing immediate selling pressure and tightening available supply, sparking a short-term rally even if it stirs up controversy.

Another factor boosting confidence is WLFI’s recent token burn. On September 3, the project burned 47 million tokens, which is about 0.19% of the supply. While that might not sound huge given WLFI’s 100B max supply, it’s part of a bigger plan to use liquidity fees for ongoing buybacks.

That burn trimmed the circulating supply to around 24.66 billion, adding some scarcity and giving holders a bit more reason to stay patient. The impact is small right now, but it shows WLFI is at least trying to manage volatility.

Read Also: Could This XRP Setup Be the Beginning of a Rally to $10?

WLFI Chart Analysis: Decision Time Ahead

Looking at the 4H chart, WLFI price has been tightening into a wedge pattern, with resistance sitting around $0.25. Top analyst Crypto_Tigers1 described it as an ascending triangle, which usually signals a breakout is close.

If bulls manage to push past that resistance, the next move could take WLFI price toward $0.30–$0.35. 

But if support around $0.22 fails, we could just as easily see a deeper dip. In other words, the chart is telling us a big move is right around the corner.

Image Source: X/Crypto_Tigers

WLFI Price Outlook

Put all of this together, the Bank of America news, the Justin Sun drama, and the token burn, and it’s easy to see why WLFI price has pumped so hard today. The question now is whether this momentum will carry forward or fizzle out.

For the short term, everything comes down to the $0.25 level. If WLFI breaks through, the rally continues. If not, traders might need to brace for a pullback.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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