Overview
- Prices for Trump-family crypto have collapsed since the midterm elections, with World Liberty Financial’s governance token WLFI falling to about $1.11 from roughly $40 at its peak.
- The Melania-themed meme coin MELANIA has lost roughly 99.6% of its peak value, reflecting steep declines across the related token suite.
- Public Citizen’s research director Zach Everson estimates retail buyers have suffered about $4.7 billion in losses while reporting by other outlets says the Trump operation realized substantial crypto proceeds, though those profit totals vary across reports.
- Senator Richard Blumenthal and other Senate Democrats have issued preservation orders and signaled investigations that demand documents from World Liberty Financial and related firms, a development cited by multiple outlets as a trigger for recent selloffs.
- Despite plunging prices and growing oversight, the Trump operation is continuing promotions and VIP events tied to token holders, and analysts warn that Congress’s upcoming inquiries could force document production and further pressure token markets.