Trump-Linked WLFI Token Sinks 40% as Whales Lose Millions

- WLFI token plummets post-launch, leaving large investors with heavy losses. - Token burn fails to halt the slide; loyalty among pre-sale holders persists. On September 5, 2025, Cointelegraph reported that the Trump-linked WLFI token plunged 40% within days of its launch, causing millions in losses for major crypto investors. The downturn has rattled the market and amplified concerns about the project's stability. On September 1, World Liberty Financial attempted to stabilize the token by burning 47 million WLFI tokens to reduce its supply. Despite this effort, the token's value continued its sharp decline. One whale lost $1.6 million on a leveraged long position, a loss that underscores the scale of financial damage among high-stakes participants. Market conditions worsened after a key investor's wallet was blacklisted, which further destabilized sentiment. As WLFI's price nosedived, it dropped 43.3% from its peak on launch day. This sequence of events has created unease among traders and highlighted the token's volatility. Despite the turbulence, data indicates that pre-sale investors still have faith in the token's prospects. Roughly 60% of the 85,000 initial buyers have held their positions, a retention that suggests an enduring belief in WLFI’s long-term potential. Yet, these loyalists face growing uncertainty as market instability clouds the token’s future. As of September 5, WLFI retained a market capitalization of approximately $4.6 billion, and trading activity continued despite the recent losses. According to CoinMarketCap, at 19:09 UTC, the token was trading at $0.184, while its 24-hour trading volume had dipped slightly by 0.299%.