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WLFI Token Surges 29% as U.S. Senate Moves to End Shutdown
WASHINGTON, D.C. — The WLFI token, part of the Trump family’s project, surged 29% to $0.158 in the last 24 hours. This surge coincided with the U.S. Senate‘s efforts to end the longest government shutdown in history.
Currently, WLFI is trading 53.5% below its all-time high of $0.46, making it the 43rd-largest cryptocurrency with a market cap of $4.2 billion. The broader cryptocurrency market also saw increases, with Bitcoin (BTC) and Ethereum (ETH) both rising.
President Trump discussed the potential end to the shutdown while attending a Sunday night football game, stating, ‘It looks like we’re getting very close to the shutdown ending,’ as reported by POLITICO.
The Senate’s 60-40 vote followed 40 days of federal paralysis, with Democrats agreeing to fund multiple agencies through the full fiscal year and others until January 30, 2026. The shutdown was initiated after Congress could not pass a budget amid disputes over affordable care tax credits, resulting in nearly 900,000 federal workers being furloughed.
In response to the anticipated end of the shutdown, users on Myriad placed bets that it would conclude before November 15. Nic Puckrin, co-founder of The Coin Bureau, noted that WLFI’s rise is linked to more than just shutdown optimism.
Puckrin explained, ‘A key driver behind the surge is Trump’s announcement of a $2,000 ‘tariffs dividend’ handout to every American.’ However, this announcement was met with caution by Treasury Secretary Scott Bessent, who suggested the ‘dividend’ could merely be tax decreases in line with Trump’s agenda.
The surge in WLFI points to an ongoing interest in politically-linked tokens, according to Puckrin. Meanwhile, analysts remain cautious about the token’s long-term viability, with Dean Chen from Bitunix suggesting the increase reflects market narrative more than actual fundamentals.
Despite ongoing concerns, WLFI’s rise signifies a continued appetite for speculative investments, especially those linked to larger political figures, as the crypto market reacts to changing political landscapes.
