WLFI Coin Struggles Despite Trump Backing as Leadership Shakeup Triggers Selloff
The WLFI token, launched last week with endorsements from former U.S. President Donald TRUMP and Tron founder Justin Sun, has failed to maintain momentum after its market debut. Initial trading saw the coin briefly touch $0.245 before buyer interest waned, compounded by controversies surrounding Sun's involvement.
Today's 5% price drop to $0.197 followed Nasdaq-compliant board changes at World Liberty Financial Treasury Company, including the removal of Eric Trump. The token's struggles contrast with Bitcoin's stability at $110, highlighting the challenges of politically-linked crypto projects in volatile market conditions.