Trump-backed WLFI ramps up buybacks as token lingers 50% below launch price

CointelegraphWednesday, November 26, 2025 at 12:03:12 PM
Trump-backed WLFI ramps up buybacks as token lingers 50% below launch price
  • The Trump family-backed cryptocurrency firm WLFI has initiated nearly $8 million in token buybacks to counteract a significant decline in its token's market price, which currently sits 50% below its launch value. This move aims to reduce the circulating supply and stabilize the token's value amidst a challenging market environment.
  • This buyback strategy is critical for WLFI as it seeks to regain investor confidence and mitigate the negative sentiment surrounding its token. The substantial drop in price reflects broader issues in the cryptocurrency market, where many assets are experiencing downturns.
  • The situation at WLFI is emblematic of the larger struggles faced by cryptocurrency firms, particularly those linked to high-profile figures. Concerns over national security and allegations of improper token sales have compounded the challenges for WLFI, highlighting the scrutiny that crypto projects face in a volatile market.
— via World Pulse Now AI Editorial System

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