Trump’s Crypto Empire Is Crashing — and His Followers Are Paying the Price

The Trump family aggressively entered the crypto space through ventures like a namesake meme coin, Melania Trump's token, World Liberty Financial (WLFI), and involvement in Bitcoin mining via American Bitcoin Corp. At their peak, these holdings represented a substantial portion of Trump's wealth, estimated by some watchdogs to be over 73% at one point. However, a recent, sharp market downturn has severely eroded these gains. The Trump-branded memecoin has dropped nearly 35%, Trump Media's stock value fell by an estimated $800 million since September, and the value of WLFI tokens held by the family has nearly halved. Furthermore, Eric Trump's stake in the mining venture has lost about $300 million. This family financial reversal mirrors a wider crypto market meltdown that has erased over $1 trillion in value, causing significant losses for retail investors who backed these high-profile projects.

(Source：BeInCrypto)