On its trading debut (September 1), WLFI unlocked around **20% of presale tokens**, adding approximately **24–27 billion tokens** into circulation. * Early backers, who bought at deeply discounted presale prices (as low as \~\$0.015–\$0.05), unlocked substantial gains and promptly sold large volumes, contributing to heavy downward pressure. Over 60% of WLFI supply remains concentrated in a handful of wallets, intensifying volatility and enabling coordinated sell-offs. 2. Sharp Collapse in Value After Launch
* WLFI debuted at around \~\$0.30 but quickly plunged by **25–40%**, with lows reaching \~\$0.21 before later bouncing to \~\$0.23–0.24.([Financial Times][1], [icobench.com][5], [CCN.com][6], [Mitrade][7], [Cointelegraph][2], [Reuters][8], [BeInCrypto][4]) * As of today, the token trades near **\$0.23**, marking a steep depreciation from its initial listing 3. Technical Indicators Signal Bearish Momentum Technical analysis shows WLFI trading within a bearish downward channel with indicators such as **RSI below 50** and a negative MACD—both signals pointing to continued weakness. * Price structure is consistent with an ongoing fifth wave of decline following an early launch rally, suggesting possible further downside toward \$0.16.([CCN.com][6]) 4. Speculative Excess & Regulatory FUD With the token’s inauguration backed by high-profile political names, speculative frenzy dominated initial trading, and social media amplified hype. Subsequently, criticisms over *Trump’s political ties*, regulatory concerns, and potential conflicts of interest injected fear and skepticism. Many traders blurred into a pump-and-dump** psychology, selling into **,$0.28 indicate if WLFI breaks that level, shorts could be forced to cover, triggering a lot.