Democratic lawmakers and crypto investors characterized crypto projects launched by or tied to Trump as scams and political corruption.
United States President Donald Trump is facing renewed scrutiny as crypto tokens and projects touted by the US president crash to all-time lows or sit near record low levels.
The Official Trump token (TRUMP), a memecoin pushed by Trump, hit an all-time low of about $2.73 in March 2026 and is currently trading at about $2.86, according to data from CoinGecko.
The governance token issued by World Liberty Financial (WLFI), a decentralized finance (DeFi) platform co-founded by Trumpโs sons, sunked to an all-time low of just $0.07 on Saturday.
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