Crypto tokens and projects promoted by U.S. President Donald Trump have crashed to or near all-time lows. The “Official Trump” memecoin (TRUMP) plunged to approximately $2.73 in March 2026, while the World Liberty Financial (WLFI) governance token fell to just $0.07. Lawmakers are scrutinizing a planned gala for TRUMP holders, accusing the president of influence peddling.
Cryptocurrency assets promoted by Donald Trump have suffered severe price declines. According to data from CoinGecko, the Official Trump token (TRUMP) hit an all-time low of about $2.73 in March 2026. It is currently trading at approximately $2.86.
The memecoin is down by about 90% from its all-time high of over $73 reached in January 2025. A decentralized finance platform co-founded by Trump’s sons, World Liberty Financial (WLFI), also saw its governance token crash to an all-time low of $0.07. WLFI is down nearly 75% from its peak of about $0.31 in September 2025.
Professor Tonya Evans responded to the plummeting prices. She stated: “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.”
President Trump announced another gala for token holders, scheduled for April 25. This has fueled renewed scrutiny from U.S. Democratic lawmakers who accuse Trump of influence peddling by giving token holders access to him. Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff sent a letter to the memecoin’s creator, Bill Zanker.
According to Politico, which obtained a copy of the letter, the lawmakers said organizers are “dangling access” to Trump. They noted Trump and his family members stand to benefit from increased sales of the Trump memecoin. Attendees must hold TRUMP tokens to gain access to the event.
