FeesSafety
Pluang+

Trump-backed WLFI launches token buyback after 60% price drop amid midterm losses and scrutiny.

Protocol Fundamentals
06 Nov 2026, 09:00 WIB
Coingape
View Source
Bearish
Trump-backed WLFI launches token buyback after 60% price drop amid midterm losses and scrutiny.

World Liberty Financial (WLFI), a Trump-backed crypto venture, has initiated a buyback program for its WLFI token following a 60% value drop this year. The buyback aims to boost governance participation and empower long-term holders, funded by stablecoin reserves and other sources. This move comes amid increased selling pressure after Democrats gained control of Congress, raising scrutiny over Trump family crypto ventures. Additionally, Trump Media transferred $343 million in Bitcoin, highlighting financial pressures as investigations and regulatory oversight intensify.

WLFI trades at Rp856 on Pluang as of Nov 06, 2026 14:21 WIB, with a market cap of Rp27,23 trillion and a 24-hour volume of Rp2,44 trillion. Despite the recent 60% price drop reported, WLFI's 1-day change on Pluang is a modest +0.19%, with balanced order activity split evenly between buyers and sellers. The typical hold time for WLFI investors on Pluang is 32 days, indicating a relatively short-term trading interest amid the ongoing buyback and regulatory scrutiny.

More News (WLFI)

Trump-linked DeFi project launches token buyback funded by stablecoin reserve fees

Trump-linked DeFi project launches token buyback funded by stablecoin reserve fees

World Liberty Financial, a DeFi project linked to the Trump family, announced a new program to buy back its governance token WLFI. The buyback will be funded by fees generated from the reserves backing its USD1 stablecoin, aiming to reduce circulatin...

Protocol Fundamentals
Bullish
11 hours ago
Trump-linked tokens and stocks plunge after Democrats win US midterms, crypto and mining shares also drop.

Trump-linked tokens and stocks plunge after Democrats win US midterms, crypto and mining shares also drop.

Trump-linked tokens TRUMP and WLFI fell sharply by 17.64% and 8.14% respectively following the Democrats' sweep in the US midterm elections. Shares of Trump Media & Technology Group dropped 17% to a record low, extending losses beyond crypto tokens. ...

Market News
Bearish
18 hours ago
WLFI token drops 8% amid Democratic wins and legal battles involving Justin Sun.

WLFI token drops 8% amid Democratic wins and legal battles involving Justin Sun.

The WLFI token fell about 8% following Democratic victories in the US midterm elections, which increased political scrutiny on Trump-linked cryptocurrency projects. The token is also under legal pressure from Tron founder Justin Sun, who is seeking s...

Market News
Bearish
22 hours ago
World Liberty Financial (WLFI) price drops 5.58% in one hour on Binance

World Liberty Financial (WLFI) price drops 5.58% in one hour on Binance

World Liberty Financial (WLFI) saw its price fall from $0.0466 to $0.044 on Binance's WLFI/USDT spot market within one hour, a 5.58% decline. Over the past 24 hours, the token's price dropped 11.65%. During the same hour, long liquidations across Bin...

Market News
Bearish
1 day ago
Zcash leads crypto rally with 8.23% gain as most major coins rise on Nov 4

Zcash leads crypto rally with 8.23% gain as most major coins rise on Nov 4

On November 4, Zcash surged 8.23% to $1,305, leading a broad rally among the top 90 cryptocurrencies by market cap, with 76 gaining in the past 24 hours. Other notable gainers included Ethena, NEAR Protocol, PancakeSwap, and Injective, all rising bet...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App