With WLFI showing strong weekly gains after a steep monthly drop, market watchers are now looking to see if its massive social media interest can help stabilize trading volumes.

Short-term price rebound contrasts with steep monthly decline

WLFI's price rose

↗6%

over the past week, performing well against the average for DeFi assets, which fell by

↘6%

. This recent gain comes after a sharp

↘51%

price drop over the last month, though the asset remains

↘12%

below its all-time high.

Social media buzz surges despite a dip in trading activity

The asset saw an extraordinary surge in social media discussion over the week, and community sentiment remains highly positive at 86%. However, this comes as daily trading volume recently fell by

↘44%

, a larger decline than the overall market average.