Trump Tokens Melt: From $73 Highs to Sub-$3 Lows in Record Time

President Trump is facing renewed backlash as his crypto projects continue their spectacular descent into what can only be described as a masterclass in tokenized disappointment.

The Official Trump token (TRUMP), a memecoin promoted by Trump, hit an all-time low of about $2.73 in March 2026 and is currently trading at about $2.86, according to CoinGecko data. The token has plummeted roughly 90% from its all-time high of over $73 reached in January 2025. For those keeping score at home, that's a worse ROI than buying the top on a random shitcoin launched by a anonymous developer at 3am—but at least those guys usually have the decency to Rug Pull rather than do it this slowly.

World Liberty Financial (WLFI), the DeFi platform co-founded by Trump's sons, issued a governance token that crashed to an all-time low on Saturday, falling to just $0.07. WLFI is down nearly 75% from its all-time high of about $0.31 reached in September 2025. The project's tokenomics must be working exactly as intended—if the intention was to make early buyers feel like they just got frontal lobotomies.

"We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible," Professor Tonya Evans said in response to the plummeting token prices. She added: "But, turns out, it was the guy who surrounds himself with sycophants, siphons every bit of value he can for himself, and then expeditiously bankrupts companies and casinos without consequence." Bold words from a professor who has clearly been watching this saga unfold from the sidelines with the same schadenfreude as the rest of us.

Democratic lawmakers and crypto investors have characterized Trump's crypto projects as scams and political corruption. The bar for what's considered a "scam" in crypto is already subterranean, so this is quite the statement.

Trump announced another gala for token holders scheduled for April 25, fueling renewed scrutiny. US Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff recently sent a letter to Bill Zanker, the individual who launched the Trump memecoin, requesting details on the purpose of the planned gala. Nothing says "legitimate financial product" quite like a letter from three Senators demanding to know why grown adults are paying to attend a dinner party.

The lawmakers said organizers are "dangling access" to Trump, and that Trump and his family stand to benefit from increased sales of the Trump memecoin, as attendees are required to hold TRUMP tokens to gain access to the event. It's basically a honeypot, but with more blazers.