WLFi Crypto - Its Future Prediction If Trump Wins the Election or Loses

Trump's WLFi: The Crypto Controversy of the 2024 Election

After the announcement from the team of former US president Donald Trump on Rug Radio, people’s attention shifted towards the crypto called WLFi. Its future is the talk of the town now.

As a business mogul, Donald Trump has added various products under his personal brands. The list includes Bibles, watches, and silver coins.

His recent business activity is launching World Liberty Financial (WLFi). People from his supporters and opposers have shown either praise or concern about this step.

However, the main topic of today’s article is to determine the future of WlFi if Trump wins or loses the 2024 election. After all, its result will impact the token’s performance significantly.

A Brief History of WLFi

On September 16, 2024, an announcement was made on the Rug Radio, a media outlet. It was on the launch of a new crypto named World Liberty Financial or WLFi.

Despite its official debut being on that date, the cryptocurrency was hinted at way before. For a while, Trump was going around and giving speeches at various crypto-related seminars. People could predict that he was up to something related to decentralized finance (DeFi).

As a sudden and new entry to the crypto world, the related communities are curious about its hows, whens, and wheres. Not only the audience of the announcement but the whole DeFi sector is giving their opinions on the matter.

The Vastly Negative Remark on WLFi.

Many are not surprised that the newly launched WLFi is getting negative comments from Trump supporters and the crypto communities.

While they have different key reasons, their concerns are the same thing-

Introducing and handling a new crypto token at this point can jeopardize Trump’s chances of winning and ruin the reputation of both Trump and the crypto business as a whole.

Let’s focus on both one at a time. Firstly, many supporters currently believe that dealing with a new crypto is a risky matter already. Doing so before an election is even worse.

According to Trump supporters, this DeFi project may damage his candidacy. For example, Nic Carter, co-founder of Castle Island Ventures and a trump supporter, twitted-

“Is there something that we, as crypto Twitter, can collectively do to stop the launch of World Liberty coin? I think it genuinely damages Trump’s electoral prospects, especially if it gets hacked (it’ll be the juiciest DeFi target ever, and it’s forked from a protocol that itself was hacked). It’s also an obvious target for the SEC. At best, it’s an unnecessary distraction, at worst, it’s a huge embarrassment and source of (additional) legal trouble. So, are we signing a petition or what?”

According to him, the best that can happen with WLFi is that it can grab some attention from people or get ignored altogether. Many also echoed his stance.

On the other hand, even Trump’s opposers don’t view it positively. Mark Cuban, American businessman and Kamala Harris supporter, said-

“The man is offering silver coins, NFTs, sneakers, and now DeFi. The only thing I see is desperation.”

His opinion on WLFi is, as he coined- ‘not innovative or valuable enough’ in the DeFi market. Note that he is a DeFi enthusiast as well. His line has a heavier weight than many think.

Next, let’s look at some other opinions. Anthony Sacamucci, the founder and manager of SkyBridge, claims that WLFi may not harm his candidacy as much but can do so to the digital finance industry.

“World Liberty Financial is a scammy grift that threatens to undermine the legislative efforts of the legitimate side of the digital finance industry.”

Moreover, he also thinks this is a new and unique thing and is getting negative remarks only for that. In his opinion, Trump plans to protect the project from any legal complication if he wins the election.

He also doesn’t think that this project is capable enough to damage his election outcome that much. It may only just draw some adverse attention.

Finally, there are also some positive comments on this project.

David Nikzad, co-founder of DeFi.Gold is hopeful about it.

His statement was interesting, as he claims it will bring attention to the crypto industry. Since negative attention is also beneficial, he hopes for more users in the space in this way.

“Trump’s bold tactics have always been about breaking the mold, and in this case, they could help legitimize DeFi by drawing new users and attention.”

While he believes that Trump can make it big and legitimize the DeFi industry entirely, it may only happen if he wins the election.

Marketing schemes such as this are alien to the US political scene. As such, it is gaining so much attention, raising eyebrows, and also receiving praise for making such a bold move.

For now, the market sentiment seems to go against the coin. However, things can be completely different based on the election result.

How the Event Hosts Plan to Distribute WLFi

When a token allows its holders to vote on any development or change in its financial decision, project plans, and other vital factors, it is called a governance token.

World Liberties Financial is a governance token. Aside from its original 63% token to be distributed to the public, the hosts plan to leave 17% as the user rewards for voting and such acts. The other 20% will stay for the authorities, future hires, etc. 

So, how will people access the coin?

According to authorities, people can get it from a Know Your Customer (KYC) protocol. Note that it is limited to the US, and it is still unclear how the coin will be available to the international audience. The team said that the token would be globally available, though.

Another eligibility criterion for WLFi is that people must be within a specific net worth or income threshold. This is another limiter that locks people or organizations with high net worth from getting their hands on this token.

We should also mention that WLFi won’t have any early buy-ins and insider deals. While they emphasize fairness, they are still not transparent with all the details regarding this topic.

World Liberty Financial Current Price

The current price of the WLFi is at 0.0000000000026. You see, it had a massive down momentum of 52.32% since last week.

Moreover, if we check its performance from a month ago, the downward momentum becomes 71.39%. Its RSI is 26.94, reaching an oversold point. Hence, we expect its price to rise if things remain okay.

Source: CoinMarketCap

Anyway, it hasn’t breached its key resistance level, as it has only experienced bearish momentum since its launch.

That is to be expected right now, considering its negative market sentiment. However, what about after the election?

Considering the ongoing drama surrounding WLFi now is definitely not the right time to spend it. Wait at least till October 20 and see if people’s sentiment and WLFI’s RSI improve. For the meantime, you can check out some Monero betting sites, if you are into sports betting.

If you see a sudden spike towards the upward momentum, don’t hesitate to get some of it. Of course, you must meet the criteria required to buy the coin.

WLFi Future If Trump Wins

As you can expect, the chances of WLFi becoming higher in the crypto industry depend almost entirely on the election result. So, if Trump wins, we can expect the cryptocurrency market  to get through its current obstacles and breach a key resistance level.

According to our prediction, the price of WLFi may rise to 220% in November if Trump wins. The fear and greed index currently is 37 (Fear).

One vital point is that five technical analysis indicators have signaled its price podcast bullish (83%), while one signaled bearish (17%) as of October 03, 2024.

Let’s also consider that if Trump wins, he may legitimize DeFi. That can drive people’s attention to WLFi further, boosting its value massively. However, that is only a what-if scenario for now.

Also, the current poor performance of the token does not favor Trump’s reputation. So, if the sentiment continues to get bearish, Trump’s candidacy may get badly affected.

WLFi Future If Trump Loses

We can almost safely assume that WLFi’s future won’t see much light if Trump loses the 2024 election. It may experience a significant price drop and get forgotten under many other cryptos.

However, Trump is a business mogul with vast experience in different sectors. He also has been active in the crypto industry for a while now. So, we can’t really predict all the negatives and conclude things there.

Given Trump’s knowledge and expertise on the matter and the fact that he has popular figures from the crypto world as his allies, he may take other strategies to boost the crypto if he loses the election.

Our Predictions for WLFi- 2025, 2026, & 2030

• Our prediction for WLFi for 2025 is $0.011244 for the low and $ 0.0101122 for the high.

• As for 2026, we can predict its price to be between $ 0.0112047 and $ 0.011635.

In 2030, WLFi’s price may range between $ 0.011585 and $ 0.0119485. Since it is very far, take it with a grain of salt.