{"id":25702,"date":"2026-04-12T10:04:47","date_gmt":"2026-04-12T10:04:47","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trump-linked-crypto-slides-as-senators-press-gala-details\/"},"modified":"2026-04-12T10:04:55","modified_gmt":"2026-04-12T10:04:55","slug":"trump-linked-crypto-slides-as-senators-press-gala-details","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trump-linked-crypto-slides-as-senators-press-gala-details\/","title":{"rendered":"Trump-linked crypto slides as Senators press gala details"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>Donald Trump is facing fresh scrutiny as crypto tokens tied to his name and family trade near record lows.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_fe519d447964f7c01a51d352ebcb2d20\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>TRUMP fell about 90% from its peak as renewed scrutiny hit Trump-linked crypto projects again this week.<\/li>\n<li>WLFI dropped to a fresh all-time low as criticism of Trump family crypto ties intensified.<\/li>\n<li>Senators pressed Bill Zanker for details after Trump announced an April 25 gala for token holders.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The pressure has grown after a new gala for token holders raised new questions from Democratic lawmakers.<\/p>\n<h1 class=\"wp-block-heading\"><strong>Trump-linked tokens extend losses<\/strong><\/h1>\n<p>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.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>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.<\/p>\n<p>World Liberty Financial\u2019s governance token, WLFI, also fell sharply. The token dropped to about $0.07 on Saturday, marking a new all-time low.<\/p>\n<p>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.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Criticism grows around Trump crypto ventures<\/strong><\/h2>\n<p>The price declines drew criticism from market observers and legal scholars. Professor Tonya Evans <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/IPProfEvans\/status\/2043013840212832469\" target=\"_blank\">responded<\/a> to the sell-off with a sharp rebuke of Trump\u2019s role in crypto.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible,\u201d Evans said.\u00a0<\/p>\n<\/blockquote>\n<p>She added that \u201cturns 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.\u201d<\/p>\n<p>Her comments came as debate over Trump\u2019s crypto activity returned to the center of public discussion. Critics have focused on whether token-linked events create a financial path to political access.<\/p>\n<h2 class=\"wp-block-heading\"><strong>April gala draws Senate attention<\/strong><\/h2>\n<p>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.<\/p>\n<p>Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff sent a letter to Bill Zanker, the memecoin\u2019s creator, seeking details about the event, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.politico.com\/newsletters\/morning-money\/2026\/04\/09\/ethics-defi-and-memecoins-oh-my-00865028\" target=\"_blank\">according<\/a> to Politico. They said organizers were \u201cdangling access\u201d to Trump while requiring attendees to hold TRUMP tokens, a structure they said could benefit Trump and his family through increased token demand.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump is facing fresh scrutiny as crypto tokens tied to his name and family trade near record lows.\u00a0 Summary TRUMP fell about 90% from its peak as renewed scrutiny&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/25702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=25702"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/25702\/revisions"}],"predecessor-version":[{"id":25703,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/25702\/revisions\/25703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7300"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=25702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=25702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=25702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}