Trump-Backed World Liberty Financial Token Surges as Senate Moves to End US Government Shutdown

WLFI, the native token of the Trump family DeFi Project World Liberty Financial jumped 29% to $0.158 in the past 24 hours as the U.S. Senate advances a bipartisan plan to end the longest government shutdown in history.

The WLFI token is currently trading 53.5% below its all-time high of $0.46, ranking it as the 43rd largest cryptocurrency with a market capitalization of $4.2 billion, according to CoinGecko data.

The rise spread throughout the cryptocurrency market, Bitcoin (BTC) and Ethereum (ETH) is up 3.6% and 4.8% respectively, while BTC is hovering around $106,000 after falling below $100,000 last week.

Is the end of closure in sight?

“It looks like we’re getting very close to the end of the shutdown,” President Trump reportedly told reporters at Sunday night’s football game. politiko Report.

The 60-40 vote in the Senate came hours after Democrats agreed to support a package that would fund several government agencies through the fiscal year and others through Jan. 30, 2026, after 40 days of paralysis of the federal government.

The government shutdown, which began when Congress failed to pass a budget amid a dispute over extending the Affordable Care Act tax credit, furloughed about 900,000 federal workers and halted critical services from SNAP food assistance to airport operations.

On Myriad, users were given an 88% chance that the government shutdown would end by November 15th, up from a low level after the Senate vote.

(Disclaimer: Myriad is owned by Dastan, Decrypt’s parent company.)

profits and politics

Nick Pucklin, cryptocurrency analyst and co-founder of Coin Bureau, said: decryption The surge in WLFI indicates more than just shutdown optimism.

Pucklin said the main reason for the surge was “President Trump’s announcement that he would provide a $2,000 ‘tariff dividend’ to all Americans, which naturally brought renewed attention to Trump-backed projects.”

President Trump on Sunday hinted at giving Americans a $2,000 “dividend” funded by tariff revenues, posting on Truth Social that such payments would go to everyone except high-income earners.

But Treasury Secretary Scott Bessent, appearing on ABC’s “This Week” with host George Stephanopoulos, tempered expectations by saying the “dividend” could be “just a tax cut that we have on the president’s agenda.”

Pucklin noted that WLFI’s surge shows a “continued appetite for speculative and politically relevant tokens” in an upbeat mood, calling it a “momentum play” that “could quickly disappear.”

“The token is still down 30% year over year,” said Ray Youssef, co-founder and CEO of crypto app NoOnes. decryption He said that while links to the Trump administration have “raised eyebrows” in the cryptocurrency world, predictions of a three- to four-fold rebound after the shutdown “seem to be justified.”

Bitunix analyst Dean Chen echoed the same concerns as other analysts, saying: decryption He said the surge in WLFI reflects “brand, liquidity and narrative rather than fundamentals,” and that unless DeFi projects prove stablecoin reserves and close reliable tokenization deals by 2026, the rally could fade away as a short-term, politically-driven rally.

President Trump’s crypto empire has generated more than $1 billion in profits, and his son Eric Trump acknowledged last month that the number is “probably higher.”

Democrats have raised ethical alarms about Trump’s ties to cryptocurrencies, pointing to the Trump family’s DeFi projects and $2 billion in UAE-related transactions, as well as the pardon of Binance founder Changpeng “CZ” Chao, as clear conflicts of interest.