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Trump Token Declines by 18% Following Commencement of Voting on Fate of Initial Buyers WLFI, 2026/04/30 16:06:15
The value of the WLFI token, associated with the family of U.S. President Donald Trump and the cryptocurrency firm World Liberty Financial, plummeted by nearly 18% on Thursday, April 30. The decline in prices commenced following the initiation of a community vote regarding a proposal to alter the unlocking schedule of the native WLF tokens.
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The initiative from World Liberty Financial suggests that over 62 billion WLFI tokens, held by early investors and insiders—including founders, team members, and consultants—will be locked for the initial two years. If the proposal is approved, these tokens will not be available on the market for at least a couple of years. Additionally, for those who do not participate in the voting, the tokens will be indefinitely locked.
After the two-year period concludes, a gradual unlocking will commence: for the earliest investors, it will occur over two years on a linear schedule, while for insiders, it will take place over three years, also following a linear timeline. The voting will continue until May 7.
The proposal has already received 99.95% of the votes, and the quorum (1 billion WLFI) has been met: holders of 6 billion tokens voted in favor, while 3.2 million tokens were cast against.
Some major WLFI holders have criticized the initiative. Simon Dedic, founder of Moonrock Capital, referred to the proposal on social media platform X as a rug pull scheme—where developers withdraw funds and abandon the project. The investor pointed out that the two-year unlocking period coincides with the remainder of Trump’s presidency.
The WLFI token was trading at $0.059 on Thursday, reflecting a 17.7% decrease from the previous day. Later, the price rebounded to $0.061 (a 16% drop). Since its market debut, the token’s value has decreased by 72.8%, according to CoinGecko.
Previously, Justin Sun, the founder of the Tron blockchain and a significant holder of WLFI, filed a lawsuit in a California federal court against World Liberty Financial, claiming that he was deceived into having his WLFI tokens frozen without justification and threatened with destruction.
