$WLFI is down 3.0% on the day while its own stablecoin keeps collecting headlines, and that gap is the whole story.
World Liberty issued USD1 natively on Canton Network for RWA settlement, and a Fireblocks custody address sent $66M in USD1 to Binance in a week. Real plumbing, real volume. I'll give them that.
But all of that is USD1 news. Nothing in it says the WLFI token captures a cent of it. The stablecoin can win while the token just sits there, and today's tape looks like that.
The line to quote: a busy stablecoin is not a bid for the governance token.
$WLFI trades at $0.0558, sitting near the 24h low of $0.055 after failing at the $0.0586 high. If it can't get back above $0.0586, i think $0.055 goes next and the bounce buyers get run over. If it trades above $0.0586, i'm wrong on this and there's nothing to defend. If you're holding, that's the level where you stop listening to me.
USD1 winning means $WLFI wins: holding $0.055 or losing it?
follow me for more calls like this.
World Liberty issued USD1 natively on Canton Network for RWA settlement, and a Fireblocks custody address sent $66M in USD1 to Binance in a week. Real plumbing, real volume. I'll give them that.
But all of that is USD1 news. Nothing in it says the WLFI token captures a cent of it. The stablecoin can win while the token just sits there, and today's tape looks like that.
The line to quote: a busy stablecoin is not a bid for the governance token.
$WLFI trades at $0.0558, sitting near the 24h low of $0.055 after failing at the $0.0586 high. If it can't get back above $0.0586, i think $0.055 goes next and the bounce buyers get run over. If it trades above $0.0586, i'm wrong on this and there's nothing to defend. If you're holding, that's the level where you stop listening to me.
USD1 winning means $WLFI wins: holding $0.055 or losing it?
follow me for more calls like this.
