Eric Trump Tweet Deletion Triggers 8% WLFI Drop, USD1 Depeg

Edgen Crypto

·Feb 23 2026, 15:33

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Key Takeaways

A social media action by Eric Trump triggered immediate and significant price volatility in the niche cryptocurrency market. The deletion of a retweet related to the WLFI token caused a sharp price drop and a related stablecoin to temporarily lose its dollar peg, highlighting the asset class's sensitivity to influencer sentiment.

Eric Trump's deletion of a retweet concerning the WLFI token prompted an immediate market sell-off.
The price of the WLFI token dropped by over 8% to $0.111 in the immediate aftermath.
The associated USD1 stablecoin briefly lost its peg, falling to a value of $0.98.

Tweet Deletion Sparks Over 8% Drop in WLFI

A social media gesture from Eric Trump, Donald Trump's second son, caused a sharp downturn for the WLFI token. After Trump deleted a previously retweeted post about the project, the token's price immediately fell by more than 8%, hitting a value of $0.111. This event underscores the outsized impact that actions from politically connected individuals can have on speculative, low-liquidity digital assets, where sentiment can drive rapid price swings without fundamental catalysts.

USD1 Stablecoin Briefly Depegs to $0.98

The sell-off extended to the ecosystem's stablecoin, USD1, which briefly lost its peg and traded at $0.98. While the deviation was short-lived, any break from its intended $1.00 valuation can erode confidence in a stablecoin's reserves and stability mechanism. The incident demonstrates the contagion risk within interconnected crypto projects, where negative sentiment toward one asset can trigger a crisis of confidence in another, particularly a stablecoin designed to be a safe harbor.