Token locking and governance risks in celebrity-related cryptocurrency projects: Take $WLFI and the Trump family as examples
Source: CoinWorld
Time: 2025-09-09 19:20:15
Celebrity-backed cryptocurrency projects like $WLFI, which is pegged to Trump, face governance and liquidity risks, with 25% of token control concentrated in the hands of the Trump family, and prices plummeted by 54% at the end of 2025 due to major shareholder sell-offs. Although the lockdown mechanism is stable, it also exacerbates power imbalances and decouples governance from profit sharing, highlighting the fragility of celebrity-driven token economics.