Crypto Analyst Says Trump-Linked Altcoin Could Crash 70% From All-Time High, Outlines Path Forward for Cardano, Dogecoin, Avalanche and XRP
A widely followed crypto analyst says that one crypto asset linked to President Donald Trump could see a massive crash while updating his outlook on a handful of altcoins.
In a new thread, crypto analyst Ali Martinez tells his 153,800 followers on X that World Liberty Financial (WLFI) – a decentralized finance (DeFi) protocol launched by Trump last year – could plunge all the way down to $0.10 after failing to hold support.
“World Liberty Financial WLFI lost $0.20 as support! Now, $0.15 and $0.10 are in play.”
WLFI is trading for $0.167 at time of writing, a 23.2% decrease on the day.
A drop to Martinez’s price point would represent a 70% drop for WLFI from its all-time high price of $0.33.
Moving on to the smart contract platform Cardano (ADA), Martinez says he expects the asset to dip to $0.80 before once again skyrocketing.
“Cardano could see...