Trump family-backed World Liberty Financial (WLFI) is seeing quite a price rally today, March 24, 2026. According to CoinGecko data, WLFI’s price has rallied 8.5% in the last 24 hours, 0.8% in the last week, and 3.2% in the 14-day charts. However, the asset is still down by more than 10% over the previous month. WLFI’s latest price surge comes amid developments spanning from potential de-escalation in the US-Iran war and pro-crypto legislation in the US. Let’s discuss.
What’s Behind Trump-Backed World Liberty Financial’s (WLFI) Price Rally?
World Liberty Financial’s (WLFI) latest price surge could be due to President Trump announcing a suspension of military strikes agains Iran for a period of five days. The potential de-escalation may have boosted investor sentiment. However, several Iranian officials have denied having peace talks with the US. If military strikes resume, WLFI’s price could face a correction.
World Liberty Financial’s (WLFI) rally may also be due to pro-crypto legislation in the US. US financial regulators announced new rules for the cryptocurrency industry on Tuesday. Many anticipate the Trump family to benefit from the new regulations. The Trump family’s crypto ventures could be exempt from SEC oversight under the new rules. Investors may be betting on World Liberty Financial (WLFI) to surge if the new regulations are put in place.
Also Read: Donald Trump Loses $10.76 Million After Crypto Portfolio Plunges 94%
However, the crypto market is still far from recovered. Risk appetite is low and volatility still runs rampant. The market could pivot to any direction over the coming days. CoinCodex analysts also do not expect World Liberty Financial (WLFI) to continue its upswing. The platform anticipates the asset’s price to dip to $0.07255 on April 2, 2026. Falling to $0.7255 from current price levels will entail a correction of about nearly 31%.
Credit: Source link
