The WLFI token reached a minimum of $ 0.16 Thursday, marking a drop of 50% compared to its Monday peak above $ 0.33.
The token showed an initial force at the start of trading, the first trading volumes suggest a strong market interest. However, the rapid drop in prices reflects the models observed in other politically affiliated digital assets.
South Korean investors seem to lead most of the commercial activity. Exchange data shows Upbit facilitated $ 190 million in volume over 24 hours, while Bebit processed $ 95 million during the same period.
Performance contrasts strongly with the successful presale phase of the project. Accredited investors bought tokens at $ 0.015 during the pre-launch period, which means that the first buyers remain profitable despite a recent drop.
Current trading shows the token at $ 0.175, which represents a daily drop of 20%. The DEFI project aims to extend the adoption of decentralized finances through its governance mechanism.
Commercial places outside the United States continue to show higher adoption rates for the token. Coinbase treated $ 70 million in volume, while Kraken recorded only $ 5.5 million over the same period.
The project’s emphasis remains on building blockchain infrastructure rather than short -term price movements, according to team representatives.
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