The WLFI token, which is associated with former President Donald Trump, experienced a dramatic decline of 40% in its value, leading to significant losses for large investors, commonly referred to as "whales." This plummet occurred despite a substantial token burn effort aimed at boosting its price and market stability, highlighting the persistent challenges faced by the cryptocurrency in maintaining investor confidence and value in an increasingly volatile market.
source: https://blocknews.com/trump-linked-wlfi-token-tanks-40-whales-crushed-massive-burn-fails-to-save-it/