WLFI Price News: 35% Gain in 24H – What’s Driving the Rally?

World Liberty Financial (WLFI) has gone up by 35% in the past 24 hours alone, and trading volumes have exploded by nearly 800% during this period, but why are buyers piling in?

The U.S. government seems to be ready to put an end on a long-dated shutdown as legislators from both parties seem to have come to terms.

On Sunday, Democrats said that they were ready to move forward with a bill that did not guarantee extending health care subsidies for the time being.

The crypto market seems to have greeted the news as it may prompt the U.S. Federal Reserve to reconsider its December rate cut.

Meanwhile, World Liberty Financial has engaged in several ecosystem growth initiatives, including the launch of USD1 on the BNB Chain with the help of StableStock.

Zak Folkman Official X Account – Source: X.com

Moreover, Zak Folkman, co-founder of the Trump-backed DeFi project, said recently that the project was embracing the continued growth of its Solana-based ecosystem through partnerships with Raydium and LetsBonk.fun.

That said, a single rumor may be fueling today’s rally as the crypto community believes that Changpeng Zhao, the former CEO of Binance, could be about to join the ranks of World Liberty Financial.

Although CZ has said he won’t, the latest decision from President Donald Trump to pardon the crypto executive has fueled some speculation that the two are ready to collaborate closely on making America “the crypto capital of the world.”

Even if the chances of this happening are slim, if it does, it would have huge implications for the future of World Liberty Financial, as it would give the project a much-needed credibility boost among die-hard blockchain fanatics.

WLFI Eyes 40% Gain After Confirmed Trend Reversal

Rumors aside, today’s volumes alone say that something big is happening. Over $750 million worth of $WLFI have exchanged hands in just 24 hours, accounting for 18% of the token’s market cap.

The 4-hour chart shows that WLFI broke a long-dated downtrend today. Paired with these above-average strong volumes, this is a bullish breakout that’s worth the market’s attention.

WLFI/USD Daily Chart (Binance) – Source: TradingView

The token has also moved above the 200-period in this lower time frame, also favoring a bullish outlook, while the Relative Strength Index (RSI) has touched overbought territory as well.

This increases the odds of a short-term pullback, but it is also an indication that positive momentum is rapidly rising. We could expect a pullback at some point to the $0.15 level. If that happens, this would be the most attractive entry point for those who believe that the rally is just getting started.

The first and most plausible target for WLFI at this point is $0.22, which translates into a 40% gain based on where the price is trading at today.

As long as the token stays above the 200-period EMA, the odds that this could be the beginning of its next leg up remain quite high.

TRUMP Rises as President Wants to Give $2K to Every American Citizen

Apart from WLFI, Official Trump (TRUMP) is also jumping by 12% today, as Trump-backed tokens seem to be making a big comeback.

The market seems to be preparing for some big news, possibly something either associated with the U.S.-China trade conflict or the government shutdown.

Trading volumes for this token have also jumped by 230% and have already surpassed the $1 billion mark. They currently account for 64% of the token’s circulating market cap.

The move may also be a reaction to President Trump’s proposal of distributing $2,000 to every American citizen as a “tariff dividend.”

President Donald Trump’s Official Truth Social Account – Source: Truth Social

The performance of $TRUMP is typically tied to the popularity of the head of state, so this move is entirely justified if these latest remarks improved the public’s perception of his administration.