MAGA Meets FUD: Trump's Memecoin Empire Crashes From $73 to Chump Change

President Donald Trump is facing fresh heat as his crypto ventures tank harder than a DAO rug pull on a Saturday night.

The Official Trump token ($TRUMP), the memecoin the president himself promoted, hit an all-time low of roughly $2.73 in March 2026 and is currently limping along at about $2.86, per CoinGecko data. That's a far cry from its January 2025 debut when the token was riding high and degens were typing "to the moon" with zero irony.

World Liberty Financial ($WLFI), the DeFi platform co-founded by Trump's sons, also issued a governance token that crashed to an all-time low on Saturday, plunging to just $0.07. The token has lost nearly 75% of its value from its September 2025 all-time high of around $0.31. Meanwhile, the $TRUMP memecoin has shed roughly 90% since its January 2025 peak above $73. For context, even the most ruggedshitcoins usually retain more value than this—the charts are looking more like a cliff than a correction.

"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 noted. "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."

To add fuel to the fire, Trump announced another gala for token holders slated for April 25—drawing renewed scrutiny from Democratic lawmakers who've accused him of peddling influence by offering token holders access to the president. Because nothing says "democracy" quite like pay-to-play meet-and-greets.

Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff recently fired off a letter to Bill Zanker, the individual who launched the Trump memecoin, demanding details about the planned April gala. The lawmakers argued the event organizers are "dangling access" to Trump. Classic pump-and-dump, but make it political.

The kicker? Attendees must hold $TRUMP tokens to get through the door—meaning Trump and his family stand to profit from increased memecoin sales driving event attendance. It's essentially a membership club where the entry fee is a bag of losing tokens, and the host profits whether you win or lose. Now that's what we call aligned incentives.