Trump-backed token (WLFI) gains top traders’ attention despite its rough launch of price volatility and controversies, and has started to positively gain top traders’ traction.

During the first week of the Trump-backed World Liberty Financial (WLFI) token launch, it has faced continuous upward and downward trends, currently standing at $0.21 as of September 7, 2025. Despite this volatility, the Trump-backed token appears to be attracting more traders willing to invest, hoping for a market comeback. When something is predicted to rebound in the market, it often draws in more investors, which can lead to profits but comes with high risk.

Michaël Van De Poppe Shows Interest on WLFI

Michaël van de Poppe, a top crypto trader, shared his views on WLFI after the token achieved a strong recovery following continuous losses. Believing in its potential, he predicts the next target could be $0.30 if the uptrend continues. The token began its journey in October 2024 with presale rounds at $0.015, followed by $0.05 in January 2025. At its official launch on September 1, 2025, WLFI opened between $0.30 and $0.35, reached an all-time peak of $0.46, and has since dropped more than 50% from that high.

WLFI is gaining a positive outlook from many investors; however, the token had a rocky start. Critics pointed out that its lock-up period prevented early cash-outs, stopping founders from dumping their tokens immediately. Moreover, WLFI’s price acted like a classic speculative bubble, crashing more than 45% just days after debuting.

Related read: Trump-Backed WLFI Token Drops 11%, Governance Proposes Token Buyback

Justin Sun’s Market Manipulation Controversy

The situation became more complicated when Justin Sun got involved. The TRON founder initially invested $30 million in WLFI, which later grew to $75 million. The token performed well before its launch, but shortly after, blockchain data revealed that Sun transferred $9 million worth of WLFI to an exchange, raising concerns about market manipulation and dumping strategies.

In response, World Liberty Financial blacklisted his wallet address. The frozen assets contained 595 million unlocked tokens worth over $100 million, along with an additional 2.4 billion locked tokens from Sun’s wallet. This news caused a sharp decline in WLFI’s price, which was already volatile since the launch, and this incident raised questions about WLFI’s governance model, as the token is managed by a multi-signature wallet rather than a fully decentralized organization.

Conflict of Interest on WLFI

While the WLFI token is backed by a major politician and claims to have a vision to “democratize finance” and strengthen the U.S. Dollar, the execution fell short. In fact, the project revealed that 70% of all tokens were designated to insiders, raising concerns of centralization and manipulation.

This led many ethics groups to consider it a conflict of interest, worrying that the family’s token wealth could influence government policy. The rough launch, along with massive early cash-ins by big investors, seemed like a strategy to subsidize the price but left small-scale investors in a difficult position.

Looking Ahead

WLFI has generated significant attention, but it must prove it is not just a politically backed gamble while facing regulatory scrutiny. Top investors continue to support the Trump-backed WLFI token, and their optimism suggests it could build momentum toward higher resistance levels at its peak. Only time will tell whether WLFI’s rough launch will give way to the positive outlook investors hope for, or if it is merely a hype strategy designed to secure an advantageous position.