$WLFI is down about 60% over the past year, and now it's launching a token buyback.
Trump-backed World Liberty Financial announced the program on Friday.
Analyst Michaël van de Poppe sees a bullish divergence on the WLFI chart and points to the HYPE, PUMP and UNI buybacks as the template for a rebound.
My take: buybacks only help if they're funded by real revenue and sustained. One announcement into a $1B liquidation week won't flip the trend by itself.
Watch the size of the buyback and whether it's executed on-chain.
Do buybacks actually move price for you, or is it priced in? Yes or no?
#WLFI #Buyback #Crypto #WorldLibertyFinancial
Not financial advice.
Trump-backed World Liberty Financial announced the program on Friday.
Analyst Michaël van de Poppe sees a bullish divergence on the WLFI chart and points to the HYPE, PUMP and UNI buybacks as the template for a rebound.
My take: buybacks only help if they're funded by real revenue and sustained. One announcement into a $1B liquidation week won't flip the trend by itself.
Watch the size of the buyback and whether it's executed on-chain.
Do buybacks actually move price for you, or is it priced in? Yes or no?
#WLFI #Buyback #Crypto #WorldLibertyFinancial
Not financial advice.