The Trump family's involvement in cryptocurrency spans NFTs, a DeFi platform, stablecoins, memecoins, and a publicly listed Bitcoin mining company—nearly every segment of the digital asset space. However, recent performance data reveals that most of these ventures have experienced severe drawdowns, with the WLFI governance token hitting a new all-time low this week. Below is a detailed breakdown of four key projects.
Project One: Original NFT Collection
Trump's first crypto initiative was a non-fungible token (NFT) collection launched in December 2022 on Polygon. The series consisted of 45,000 digital cards depicting Donald Trump in various stylized roles (superhero, astronaut, etc.), each priced at $99. The collection reportedly changed Trump's perspective on Bitcoin and blockchain technology. As of April 2026, the floor price has dropped to $64.55, a decline of 34.8% from the initial mint price. It currently ranks 97th among top NFT collections by floor price, according to nftpricefloor.com.
Project Two: World Liberty Financial (WLFI) and USD1 Stablecoin
World Liberty Financial (WLFI) is a decentralized finance (DeFi) platform founded in 2024, aiming to bridge traditional finance with blockchain systems. It offers a governance token (WLFI) and a stablecoin (USD1). According to the Wall Street Journal, the Trump family receives 75% of net revenues from token sales, plus additional incentives. The WLFI token launched on September 1, 2025, with a fixed supply of 100 billion tokens, approximately 24.67 billion currently circulating. As of April 11, 2026, the token trades at $0.07998, down over 19% for the week, and reached an all-time low of $0.07726 earlier in the day. It is down 75.9% from its peak of $0.3313 on September 1, 2025. Token distribution heavily favors insiders: 33.51% allocated to team and advisors, 19.96% to treasury, and 16.02% to public sale.
The USD1 stablecoin has seen remarkable growth. Its market capitalization surged from $726 million on April 29, 2025, to $4.186 billion as of April 11, 2026—a 476.3% increase in under a year. It is now the sixth-largest stablecoin by market cap. The supply is concentrated on BSC (BNB Chain) with 42.74%, followed by Ethereum at 37.55%, and Solana at 19.02%. Smaller portions exist on Aptos, Tron, and other networks.
Recently, WLFI borrowed millions of dollars in stablecoins on the Dolomite platform using WLFI tokens as collateral, sparking concerns about potential bad debt in the DeFi sector. The controversy has added downward pressure on the token's price.
Project Three: Official TRUMP and MELANIA Memecoins
Launched on Solana in January 2025, days before Trump's second inauguration, the TRUMP and MELANIA tokens were immediate sensations. TRUMP launched on January 17, 2025, and skyrocketed from fractions of a cent to an all-time high between $73 and $75 within days, briefly pushing its market cap to $12–15 billion. However, by mid-2025 it had fallen ~90%, and as of April 11, 2026, it trades around $2.80–$2.90—a decline of approximately 96% from its peak. The token receives modest price support from anticipation surrounding the upcoming crypto gala at Mar-a-Lago.
MELANIA followed on January 19, reaching an all-time high near $13.73 before reversing. By early 2026, it traded between $0.10 and $0.17, reflecting a drop of about 99% from its peak. Market cap is currently between $100 million and $160 million. Both tokens exhibit classic memecoin behavior: early concentrated trading, rapid price discovery, weighted token structures favoring insiders, and prolonged declines borne largely by retail investors. Entities like CIC Digital LLC and Fight Fight Fight LLC (for TRUMP) and MKT World LLC (for MELANIA) are structured to capture transaction fees and benefit from gradual token unlocks.
Project Four: American Bitcoin Corp. (Nasdaq: ABTC)
American Bitcoin Corp. is a publicly traded Bitcoin mining and treasury management company that entered public markets on September 3, 2025, through an all-stock merger with Gryphon Digital Mining. It trades on Nasdaq under the ticker ABTC. The company was formed in March 2025 via a partnership between Hut 8 Corp. and the Trump family. Eric Trump serves as co-founder and director of strategy, while Donald Trump Jr. is also a co-founder and investor. Hut 8 retains an 80% stake, with the Trump family and former American Data Centers shareholders holding the remaining 20%.
ABTC opened above $9 and initially rose before reversing. By April 2026, the stock traded between $0.90 and $1.00, representing a decline of approximately 84% to 93% from its post-IPO highs. Market capitalization has fallen below $1 billion. Operationally, the company reported 2025 revenue of approximately $185 million. Its ASIC miner fleet stood at about 89,242 units, representing total hashrate of roughly 28.1 EH/s, with operational production between 21.9 and 25 EH/s. An expansion in March 2026 added 11,298 miners at its Drumheller, Alberta site, contributing 3.05 EH/s. The company reported a 53% gross margin on mined Bitcoin in Q4 2025. Its Bitcoin treasury expanded to about 5,401 BTC by end of 2025, reaching 7,000 BTC by March 2026, with some coins pledged as collateral for hardware acquisitions. The company tracks a proprietary metric called “Satoshi per share” as a core shareholder value measure.
Overall Assessment and Controversy
The Trump family crypto portfolio spans nearly every corner of the digital asset industry: NFTs, a DeFi platform with a stablecoin and governance token, two memecoins, and a publicly traded Bitcoin miner. Each project launched when interest in its respective category was at its peak, and most have since recorded steep declines from their peak valuations. The recent Dolomite borrowing controversy has further damaged sentiment around WLFI. The trajectory of these projects remains uncertain, depending on broader market conditions, regulatory developments, and their ability to establish sustainable utility or demand beyond initial hype cycles. Due to the Trump name, each venture continues to attract intense scrutiny from both crypto market participants and outside observers following these high-profile experiments.