Cryptocurrencies are falling, and those linked to Donald Trump are among the biggest losers. How can we explain this turnaround for TRUMP and WLFI?
Cryptocurrencies linked to Donald Trump are falling sharply
While cryptocurrencies linked to the U.S. president had generated strong enthusiasm in 2025, they are no longer in favor. The currency associated with World Liberty Financial, WLFI, has thus posted a 27% drop over the week:
The price of WLFI has been plummeting since early February
Official Trump (TRUMP), the other token associated with the U.S. president, has experienced a similar drop over the week. Over the past 7 days, it has lost 22%.
Interestingly, the First Lady’s MELANIA token has fallen by only 7.3% over the past 7 days… But it’s worth noting that the token is already on its last legs, having lost 91.8% since its all-time high.
By comparison, Bitcoin’s price has fallen “only” 16% over the week. However, Ethereum’s ETH has suffered an even steeper drop, down 27%.
How can these drops be explained?
Several reasons explain the poor performance of WLFI and TRUMP. The general drop in prices is, of course, the biggest factor, with the cryptocurrency market failing to halt its slide in recent days.
For WLFI, the triggering factor appears to have been the investigation opened into World Liberty Financial. The company is accused of a conflict of interest following a $500 million deal struck with the United Arab Emirates.
More broadly, the U.S. president has been in hot water in recent days. Implicated in the Epstein cases, he is also facing massive protests in Minneapolis following ICE abuses. This decline in the cryptocurrencies associated with him therefore seems logical in a particularly tense context for Donald Trump.
