Expansion into the Asian market was the main catalyst for this spectacular surge. Upbit Korea’s announcement supporting WIF trading<\/a> on KRW, BTC, and USDT pairs triggered a wave of speculative buying. Within a few hours, the token’s price exploded by 44%<\/strong> to reach a local peak of $0.28. This momentum was backed by intense on-chain activity, with whales heavily accumulating orders ranging from $100,000 to $1 million.<\/p>\n\n\n\n Following this announcement, the daily trading volume surged by over 300%, surpassing $220 million to settle today in a range of $324 million to $405 million depending on the exchange. Currently, the WIF price is trading in a zone between $0.215 and $0.223<\/strong>.<\/p>\n\n\n\n Indeed, after hitting the $0.28 mark, sellers quickly returned to the market. This selling pressure caused a natural retracement<\/strong>, reducing the initial 44% gains to around 26%. This typical profit taking behavior from traders raises questions about the token’s ability to maintain its bullish momentum<\/strong> in the short term.<\/p>\n\n\n\n