WLFI (World Liberty Financial) down 2.02% in the last 24 hours

Gate News Bot message, November 11th, according to CoinMarketCap data, WLFI (World Liberty Financial) is currently priced at $0.15, down 2.02% in the past 24 hours. The highest price reached $0.17, while the lowest dropped to $0.11. The 24-hour trading volume is $719 million. The current market capitalization is approximately $3.763 billion, a decrease of about $77.77 million from yesterday. WLFI is currently ranked 32nd in cryptocurrency market cap.

Recent important news about WLFI:

1️⃣ Increase in Major Institutional Investor Activity
Jump Crypto deposited 18.42 million WLFI tokens into Gate on November 10th, valued at approximately $2.9 million. This large-scale deposit indicates growing interest from institutional investors in WLFI, which could have a positive impact on short-term price trends. However, large transfers by institutions may also raise concerns about potential sell-offs in the market.

2️⃣ Significant Market Cap Volatility
WLFI’s market cap experienced notable fluctuations over the past week. It dropped from $3.9 billion on November 10th to $3.763 billion on November 11th, a decrease of about $137 million. This rapid change reflects ongoing uncertainty in WLFI’s valuation, and investor sentiment may be quite sensitive.

3️⃣ Sharp Increase in Trading Activity
WLFI’s 24-hour trading volume surged from $365 million on November 10th to $719 million on November 11th, nearly doubling. The significant increase in trading activity indicates rising market participation, which could attract more investors to trade WLFI but may also lead to increased short-term price volatility.

Technically, WLFI’s price fluctuates sharply within the $0.11 to $0.17 range, indicating the market remains highly uncertain. Although the price has rebounded from earlier lows, a stable upward trend has not yet formed. Investors should remain cautious of potential further adjustments.

This message is not investment advice. Please be aware of market volatility risks when investing.