Trump-linked crypto slides as Senators press gala details

Donald Trump is facing fresh scrutiny as crypto tokens tied to his name and family trade near record lows. 

The pressure has grown after a new gala for token holders raised new questions from Democratic lawmakers.

The Official Trump token, known as TRUMP, fell to an all-time low of about $2.73 in March 2026. It later traded near $2.86, according to CoinGecko data.

The token has dropped about 90% from its January 2025 peak above $73. The decline has kept attention on Trump-backed crypto ventures as traders track whether the project can regain momentum.

World Liberty Financial’s governance token, WLFI, also fell sharply. The token dropped to about $0.07 on Saturday, marking a new all-time low.

WLFI is down nearly 75% from its September 2025 high of about $0.31. The slide has added to pressure on projects linked to Trump and his family.

Criticism grows around Trump crypto ventures

The price declines drew criticism from market observers and legal scholars. Professor Tonya Evans responded to the sell-off with a sharp rebuke of Trump’s role in crypto.

“We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible,” Evans said. 

She added that “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.”

Her comments came as debate over Trump’s crypto activity returned to the center of public discussion. Critics have focused on whether token-linked events create a financial path to political access.

April gala draws Senate attention

President Trump recently announced another gala for token holders, scheduled for April 25. The event has drawn criticism from Democratic senators who said the plan raises questions about access and fundraising.

Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff sent a letter to Bill Zanker, the memecoin’s creator, seeking details about the event, according to Politico. They said organizers were “dangling access” to Trump while requiring attendees to hold TRUMP tokens, a structure they said could benefit Trump and his family through increased token demand.