The Trump-backed WLFI token has experienced a significant decline, dropping nearly 40% by the end of 2025. Initially trading above $0.30, the token now fluctuates between $0.15 and $0.20. Despite an initial trading volume of $10 billion in the first hour, the token struggled as Bitcoin continued to capture investor attention. The WLFI token faced challenges due to poor governance, including a non-transferable period and reliance on wrapped tokens, which negatively impacted retail holders. A token burn on December 15 failed to reverse the downward trend, highlighting that trading volume and token mechanics, rather than political hype, were crucial in determining its market performance.