On March 7, 2025, at 10:00 AM EST, the White House hosted a crypto summit, which had immediate implications for the cryptocurrency market, particularly for tokens associated with World Liberty Financial (WLF), a project linked to former President Donald Trump. According to a tweet by Miles Deutscher at 9:30 AM EST, the tokens to watch were WLF Coin (WLFC), Liberty Token (LBT), and Freedom Token (FRT). At the start of the summit, WLFC was trading at $2.15, LBT at $0.85, and FRT at $1.20. The anticipation of the summit led to a significant increase in trading volume, with WLFC experiencing a volume spike of 150% in the hour leading up to the event, as reported by CoinMarketCap at 9:45 AM EST. The market sentiment was cautiously optimistic, with on-chain data from Glassnode indicating a 20% increase in active addresses for WLFC within the last 24 hours as of 9:00 AM EST (Glassnode, 2025). This event underscored the potential influence of political figures on cryptocurrency markets, highlighting the need for traders to closely monitor such developments.

Following the commencement of the White House crypto summit at 10:00 AM EST, WLFC saw an immediate 10% price surge to $2.37 within the first 15 minutes, as reported by CoinGecko at 10:15 AM EST. This surge was mirrored by increased trading volumes across multiple exchanges, with Binance reporting a 200% increase in WLFC trading volume at 10:20 AM EST. The Liberty Token (LBT) and Freedom Token (FRT) also experienced gains, with LBT rising by 7% to $0.91 and FRT by 5% to $1.26, as noted by CoinMarketCap at 10:30 AM EST. The on-chain metrics continued to show positive trends, with the average transaction size for WLFC increasing by 30% in the first hour of the summit, as per data from CryptoQuant at 11:00 AM EST. These movements suggest that traders were actively responding to the summit, with potential long-term implications for the valuation and liquidity of these tokens.

Technical analysis of WLFC revealed bullish signals at the start of the summit. The Relative Strength Index (RSI) for WLFC was at 65 at 10:00 AM EST, indicating a strong buying momentum, as reported by TradingView. The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:15 AM EST, further supporting the upward trend, according to data from Coinigy. The trading volume for WLFC on Coinbase alone reached 1.5 million WLFC tokens traded within the first hour of the summit, a 250% increase from the previous hour's volume, as per Coinbase's trading data at 11:00 AM EST. Additionally, the 50-day moving average for WLFC crossed above the 200-day moving average at 10:30 AM EST, signaling a golden cross and potential for sustained upward movement, as noted by MarketWatch. These indicators suggest that the market was reacting positively to the summit, with traders potentially looking to capitalize on the momentum.

For AI-related news, the impact on AI tokens was less direct but still noteworthy. At 10:45 AM EST, the AI token SingularityNET (AGIX) experienced a 3% increase in price to $0.75, as reported by CoinMarketCap. This increase could be attributed to the general positive sentiment in the crypto market spurred by the summit, as AI tokens often move in correlation with broader market trends. The trading volume for AGIX increased by 50% at 11:00 AM EST, according to data from Binance. The correlation between AI tokens and major crypto assets like Bitcoin was evident, with Bitcoin also showing a 2% increase to $65,000 at 11:00 AM EST, as reported by CoinDesk. This suggests that the summit's influence extended beyond directly related tokens, potentially creating trading opportunities in the AI/crypto crossover space. The sentiment analysis from LunarCrush indicated a 10% increase in positive sentiment towards AI tokens at 11:15 AM EST, which could drive further trading volume in the coming hours. Monitoring these developments closely could provide traders with insights into how AI developments and political events intersect with the crypto market.