WLFI’s price has plunged by 40%, causing significant losses for institutional investors known as ‘whales’. This steep decline is tied to the Trump family’s significant ownership stake in the project. Despite a token burn of 47 million tokens, the price continued its downward trajectory and resulted in major liquidity shifts among whales. The incident raises concerns about politically-linked cryptocurrencies and governance concentration. While the team launched an effort to mitigate the crash with a token burn attempt, the decline persisted. The community is divided on the potential for recovery. A similar pattern has been observed in the past for coins heavily influenced by political affiliations, potentially signaling a trend of volatility for WLFI. Addressing governance concerns and regaining market confidence are key for future success.