WLFI may drop 20% as World Liberty Financial faces 'LUNA 2.0' allegations

Burns Brief

World Liberty Financial allegedly used illiquid tokens to borrow $75 million, fueling bad debt fears and rattling confidence among traders The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.