The World Liberty Forum, a massive crypto event organized by the company linked to the Trump family, kicks off today at Mar-a-Lago. In the lead-up to the highly anticipated forum, World Liberty Financial’s WLFI token surged approximately 18% in the last 24 hours, testing a key resistance level of $0.12. The move was driven by concentrated buying from whales and large outflows from exchanges, fueling short-selling and high intraday volatility.
In recent hours, strong on-chain flows and increased trading volume have been recorded, demonstrating the Trump family’s influence in the crypto market.
Market Flows, Whales, and Technical Outlook
According to the latest data, reported trading volume increased by over 109% as buyers anticipated the forum. Meanwhile, outflows from exchanges totaled $33.76 million, with large whales leading the charge.
Technically, WLFI approached resistance around $0.12 and faces immediate barriers between $0.12 and $0.14. Short-term support lies near the psychological level of $0.100 and closer to $0.113, which, according to analysts, the token has struggled to maintain. Key EMAs are trending downward, suggesting structural downward pressure despite the event-driven rally.
Who will be at Mar-a-Lago?
The forum, hosted by Donald Jr. and Eric Trump, will bring together a cross-section of traditional finance and cryptocurrency executives, with attendees including top figures from Goldman Sachs, Nasdaq, Coinbase, and Franklin Templeton, as well as the president of the New York Stock Exchange and the president of FIFA. This convergence has amplified the focus on WLFI as an asset linked to the event.
While prominent figures in the crypto space, such as Coinbase CEO Brian Armstrong and co-founder Mike Belshe, will be present at the event.
The Trump family’s financial role in World Liberty Financial is central to the token’s narrative: reports indicate that the family controls approximately a quarter of WLFI’s supply and receives 75% of the net proceeds when tokens are sold, in addition to a share of the stablecoin profits. However, the project also faces scrutiny due to an alleged $500 million deal with an entity in the United Arab Emirates, which increases regulatory and reputational risk.
