Trump-Linked WLFI Plummets 40% Despite $47M Burn

• Whales face $1.6M losses as WLFI drops 40% post-launch.
• Token burn fails to restore investor confidence in Trump-linked crypto.

On September 5, 2025, Cointelegraph reported that the Trump-endorsed WLFI token plunged 40% shortly after its launch, despite undergoing a high-profile $47 million token burn aimed at reducing supply and boosting value.

The steep price drop dealt significant financial blows to investors, particularly those holding large positions. Cointelegraph revealed that one whale investor exited a leveraged position, incurring losses above $1.6 million. The sell-off by several major investors highlighted growing skepticism about WLFI’s ability to maintain its value or gain momentum.

Investor sentiment surrounding WLFI remained mixed despite the token’s shaky debut. While some major players exited their positions, a substantial percentage of early contributors remained optimistic. According to Cointelegraph, holding patterns among presale participants indicated that 60% of over 85,000 early investors retained their WLFI tokens.

Nonetheless, market metrics reflected an uphill battle for the token. WLFI experienced a 43.176% drop in 24-hour trading volume alongside its sharp price decline, pointing to reduced market activity. At its current status, challenges continue to overshadow attempts to secure lasting investor confidence.