World Liberty Financial (WLFI), a cryptocurrency project launched by US President Donald Trump and his family, was launched with great expectations.
However, the sharp declines and bear market since October have caused a significant drop in the WLFI price, as it has affected the entire market.
These declines caused significant losses for WLFI investors, who are now struggling to recoup those losses.
At this point, one of the early investors in WLFI stated that the only way to recoup their losses was to open a short position in WLFI.
A user named X (bx1818), who claims to be one of the early investors in World Liberty Financial (WLFI), argued that the only way for investors to recover their principal is to short the token.
A user warned that investors who joined WLFI’s DeFi offerings, lured by high interest rates, could lose all their investments, claiming that the project’s team had already withdrawn all funds from their pools.
He likened the current situation in WLFI to the continuous decline of Curve (CRV) and warned investors against making any mistakes.
The user had identified himself as an early investor before WLFI’s launch.
WLFI price continues to fall, with declines exceeding 6% in the last 24 hours. WLFI is currently trading at $0.091.
*This is not investment advice.