While the entire market was awash in blood, the Trump family's $WLFI somehow bucked the trend and climbed. This morning, World Liberty announced the launch of a WLFI buyback plan, using fees from its USD1 stablecoin reserves to buy back tokens, with the goal of concentrating voting power in the hands of long-term holders. After the news broke, Binance-listed WLFI rebounded from a 24-hour low of $0.0435 to an intraday high of $0.0488, and is now around $0.0467—a $10,000 U investment made at the low is now worth about $10,700 U. Don’t rush to chase the rally: the token is already down 66% this year, still 73% below last November’s high of $0.1744, and nowhere near its all-time high of $0.3313. The buyback announcement gave no amount or timeline, and the $65.6 million buyback in April this year failed to stop the slide. Meanwhile, after Democrats took the House, World Liberty was named among the first targets of an investigation set for next February, while Sun Yuchen is still seeking sanctions in court. Whether the buyback is real money or just hype remains to be seen—watch what the wallets do next. #WLFI #Trump