📈 $WLFI Break Support and Token Burn Actions

The WLFI has fallen by 55% since its all-time high of US$ 0.3313, reaching US$ 0.25. Selling pressure has increased with the release of 20% of the tokens on September 1st, breaking support levels.

Token Burn and Other Factors:

* Token burn: 47 million tokens were burned on September 3rd in an attempt to stabilize the price.

* Actions of large investors: Large investors and early investors are taking profits, accelerating the downward trend.

* Liquidity injection: The injection of US$ 200 million by Justin Sun was not enough to prevent the decline.

* Initial valuation: The initial valuation of US$ 30 billion has proven unsustainable.

What to Expect?

The current price movement suggests a possible further decline towards the support level of US$ 0.155921.

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