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📖 Day 1 · Quiz (Single Choic
Recently, a professional encryption currency analysis agency released an eye-catching market warning report. The report focused on seven politically-themed encryption currencies, predicting that they may face significant price volatility.
Among these notable encryption currencies, World Liberty Financial (WLFI) is marked as a high-risk asset. Analysts expect that the price of WLFI may significantly drop from its peak of $0.33, with a potential decline of up to 70%, possibly eventually falling to around $0.10.
In addition, the report also pointed out that due to the lack of strong institutional support, the price of Cardano (ADA) may fall below the key support level of 0.80 dollars. Meanwhile, the popular Dogecoin (DOGE) is showing complex market signals; despite some positive buying indicators, the overall outlook remains unclear.
The price trend of Avalanche (AVAX) has also drawn analysts' attention, currently encountering significant resistance around 27 dollars. On the other hand, the trend of Ripple (XRP) is also not optimistic; if it cannot maintain the key support level at 2.74 dollars, its price may further drop to 2.35 dollars.
It is worth noting that although some politically themed encryption currencies, including Trump-related tokens, have sparked intense discussions in the market recently, analysts warn that this investment frenzy based on political hype may lack long-term sustainability.
This report provides valuable market insights for investors, reminding them to remain cautious in the current complex and volatile encryption market, especially regarding tokens related to political themes. At the same time, it highlights the high volatility of the encryption market and the importance of in-depth analysis and continuous attention to market dynamics.