Controversy and volatility
Since its launch, the WLFI token has experienced significant price volatility and attracted controversy.
"Pump-and-dump" allegations: Shortly after WLFI became tradeable in early September 2025, the token's price spiked before falling significantly. This was followed by claims of a "pump-and-dump" scheme after insiders were recorded transferring large amounts of WLFI to exchanges.
Insider token concentration: The Trump family and affiliated insiders were given 22.5 billion WLFI tokens, representing a significant portion of the total supply. Critics have raised concerns about the risk of market manipulation from these concentrated holdings.
legal and ethical questions: The company has been the subject of scrutiny regarding potential conflicts of interest due to its connections with Donald Trump. The project has also been criticized for business dealings with foreign investors and individuals who have faced criminal investigations.