Trump crypto coin investors face steep losses
The gist
$TRUMP fell to an all-time low of $1.23 on Nov 4, down over 20% in under a day.
Investors in the president's crypto ventures are absorbing steep losses.
How it unfolded
- Jan 2025The best time to sell Trump's memecoin was January 2025, before large holders cashed out and sent prices tumbling.
- Aug 2025Donald Jr. and Eric rang the Nasdaq opening bell for the World Liberty Financial–Alt5 Sigma transaction, which netted 7.3 billion WLFI tokens at 20 cents each.
- Jun 8, 2026AI Financial's WLFI tokens had fallen to about 5.7 cents, a 72% decline, putting its holdings at just $412 million.
Key terms
- midterms
- US general elections held near the midpoint of a president's four-year term, when all House seats and about a third of Senate seats are contested.
- meme coin
- A cryptocurrency that originated from an internet meme or has some other humorous characteristic.
- market cap
- The total market value of a publicly traded company's outstanding shares owned by stockholders.
Source: Wikipedia