Trump-backed World Liberty Financial token rises as Senate moves to end US government shutdown

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

WLFI tokens are currently trading 53.5% below their all-time high of $0.46, ranking as the 43rd largest cryptocurrency with a market cap of $4.2 billion, according to data from CoinGecko.

The rally has spread across the entire crypto market, with Bitcoin (BTC) and Ethereum (ETH) climbing 3.6% and 4.8% respectively, with BTC hovering around $106,000 after falling below $100,000 last week.

An end in sight for the shutdown?

President Trump told reporters at a football game Sunday night that “it looks like we’re getting very close to the end of the shutdown,” according to a report. POLICY report.

The 60-40 Senate vote came after 40 days of federal shutdown and hours after Democrats agreed to support a multi-agency funding package through the fiscal year, with others funded through Jan. 30, 2026.

The government shutdown began after Congress failed to pass a budget amid disputes over expanding Affordable Care Act tax credits, furloughing nearly 900,000 federal workers and shutting down essential services from SNAP food assistance to airport operations.

On Myriad, users estimate an 88% chance that the government shutdown will end before November 15, up from lower levels after the Senate vote.

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

Profit and politics

Nic Puckrin, crypto analyst and co-founder of The Coin Bureau, said Decrypt WLFI’s rise indicates more than just closure optimism.

One of the main factors behind the increase was “Trump’s announcement of a $2,000 ‘tariff dividend’ to every American, which naturally focused renewed attention on Trump-backed projects,” Puckrin said.

Trump floated the idea of ​​giving Americans a $2,000 tax-funded “dividend” on Sunday, posting on Truth Social that such payments would go to everyone except high-income earners.

However, Treasury Secretary Scott Bessent tempered expectations during an appearance on ABC’s “This Week” with host George Stephanopoulos, saying the “dividend” could be “just the tax cuts that we’re seeing on the president’s agenda.”

Puckrin noted that WLFI’s jump indicates “a continued appetite for speculative and politically linked tokens” amid optimistic sentiment, calling it a “dynamic play” that could “run out of steam quickly.”

“The token is still down 30% year over year,” said Ray Youssef, co-founder and CEO of crypto app NoOnes, who said: Decrypt that expectations of a 3-4x rebound post-shutdown “appear justified,” although its ties to the Trump administration “have raised eyebrows” in crypto circles.

Echoing the same concerns as the rest of the analysts, Bitunix analyst Dean Chen said Decrypt that the rise of WLFI reflects “branding, liquidity and narrative more than fundamentals,” arguing that unless the DeFi project proves its stablecoin reserves and secures credible tokenization deals by 2026, the rally could fade like a politically driven short-term spike.

President Trump’s crypto empire has generated more than $1 billion in profits, with his son Eric Trump confirming last month that the figure was “probably more.”

Democrats have raised ethics alarms over Trump’s crypto entanglements, pointing to his family’s DeFi project and a $2 billion deal tied to the United Arab Emirates, as well as the pardon of Binance founder Changpeng “CZ” Zhao, as clear conflicts of interest.