The scale of the collapse is stark. Data from the analytics firm Nansen shows the token’s value has plummeted to $1.69, representing a 98% decline from its peak of $75.35. The token was launched just three days before the 2025 presidential inauguration, following the president’s earlier foray into the industry with his sons through the World Liberty Financial startup.
Despite the widespread losses among investors, the president reported earning $636 million from the $TRUMP coin, a sum comprising nearly half of his $1.4 billion in total crypto-related income last year. The administration has since signaled a hands-off approach to the sector, with the Securities and Exchange Commission moving to drop various lawsuits against crypto firms. A White House spokesperson maintained that the administration remains committed to establishing the United States as the global center for cryptocurrency, even as the memecoin market continues to face extreme volatility.
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