Trump’s WLFI Token Burns Millions After Price Crash Post-Launch

HKAN | Sep 3

 

The highly anticipated World Liberty Financial (WLFI) token, backed by Donald Trump’s media and financial ventures, has faced a turbulent start. After its initial launch, the token’s price saw a steep decline, prompting the team to initiate a multi-million token burn in an effort to stabilize its market value.

The WLFI token, which debuted with strong hype and early speculative interest, quickly experienced a sharp sell-off, leading to significant losses for short-term traders. In response, the project announced a massive token burn, removing millions of WLFI from circulation to reduce supply and potentially restore investor confidence.

Analysts suggest that while token burns can support price recovery by creating scarcity, they are not always a long-term fix if market sentiment and adoption remain weak.

The move highlights the challenges of launching politically associated tokens, which often face both market volatility and heightened media scrutiny. Despite the price crash, Trump’s WLFI initiative continues to attract attention as a new entrant into the intersection of politics, media, and digital assets.