WLFI rides the USD1 rumor mill to an 8% bounce, because nothing says "financial liberty" like a Binance top-up 🚀
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WLFI rides the USD1 rumor mill to an 8% bounce, because nothing says "financial liberty" like a Binance top-up 🚀

—By our Altcoins & Tokens Desk2 min read

World Liberty Financial's WLFI token rose 8.3% over the past 24 hours to trade at $0.059, recovering from a 24-hour low of $0.054 and reaching a local high of $0.062 before retracing. The move came as 24-hour trading volume surged 207% to $88 million, indicating renewed participation in the token.

The rebound was linked to two developments. AI Financial Corp, a major corporate investor in WLFI, said its outlook on the position had improved, stating that most of the challenges it previously warned investors about had been "substantially mitigated." In May, the company had warned that it might not continue operating over the following 12 months. The firm also disclosed a $348 million loss on its crypto assets during Q1 2026, alongside operational losses and unrealized losses on its balance sheet.

On-chain activity added to the move. World Liberty Financial transferred 170 million WLFI, worth roughly $9.3 million, to Binance. The transfer coincided with growing speculation that Binance could extend its USD1 yield campaign, and that Phase 6 of the USD1 event could continue. Gate separately announced a USD1 campaign offering up to 20% APR without lockups, adding to bullish expectations around the USD1 ecosystem.

Derivatives markets reflected the shift. Derivative volume jumped 152.8% to $253 million, while Open Interest rose 11% to $200 million, indicating new capital entered as traders opened fresh positions.

Despite the rebound, WLFI's broader market structure remained weak, with the Relative Strength Index (RSI) sitting below the neutral level at 45 for more than 30 days. The token continued to trade below both short- and long-term moving averages, and analysts identified $0.052 as a potential downside level, with $0.06 as near-term support, $0.065 as a possible next target, and $0.07 as the next major resistance level.

Mentioned Coins

$WLFI$USD1
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Publishercryptonewsroom.xyz
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CategoryAltcoins

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