According to @cookiedotfun, WLFI sentiment turned sharply negative over the past 24 hours after the project reportedly blacklisted and froze Justin Sun’s significant token allocation, source: @cookiedotfun. According to @cookiedotfun, the move sparked widespread backlash on crypto Twitter and amplified concerns about extreme centralization and potential market manipulation, source: @cookiedotfun. According to @cookiedotfun, WLFI fell roughly 50% from its peak and is currently ranked number one on their bad sentiment leaderboard, source: @cookiedotfun. For traders, these reported blacklist and freeze controls alongside deteriorating sentiment point to elevated governance and counterparty risk, heightened volatility, and the need to monitor liquidity, slippage, and order book depth, per @cookiedotfun.