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Since taking office, US President Donald Trump and his family have immersed themselves heavily in a wave of cryptocurrency-centric business ventures, temporarily seeing their wealth grow as a result of these deals. But that moment is gone.
Today, the gains of the Trump family – and their most loyal supporters – have been wiped out by the increasing volatility of the market.
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The family’s crypto empire is facing a blow
Trump’s cryptocurrency ventures have become industry highlights.
They started to throw A meme coin that bears his namequickly followed by the release of almost identical code From First Lady Melania Trump. Then came World Liberty Financial. Eric Trump also intervened through a Bitcoin mining company hut 8.
At this point, there is almost no corner of the crypto industry that the presidential family has not reached.
In its heyday, these projects generated interesting profits. Estimates vary, but an August investigation by watchdog group Accountable.US found that about 73% of Trump’s wealth was tied to cryptocurrency businesses.
This number represents a sharp increase from April, when the NGO State Democracy Defenders Fund estimated That 37% of his wealth It came from cryptography.
But this picture has changed dramatically. With declining markets and emerging negative indicators, the Trump family’s crypto earnings have been decimated.
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Sharp decline in stocks and family currencies
The Trump family’s cryptocurrency portfolio has been influenced by almost every project they’ve done.
It has arrived The Trump-branded meme token reached its latest peak on November 10 at $9.49, but has since fallen to $6.20 – a drop of around 35% in just a few days. The family’s exact ownership is unclear, but it is estimated that the decline has removed about $117 million from their estate.
Trump Media, the parent company of Trump’s social media platform, was also hit Social truthsuffered losses, especially after his decision to invest $2 million in Bitcoin in July.
Bloomberg estimates that the value of the president’s stake in the company has decreased by about $800 million since September. Trump remains its largest shareholder, with his shares placed in a trust managed by his eldest son, Donald Trump Jr.
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Meanwhile, I saw WLFI token price drop From $0.26 in early September to around $0.15. The decline cut the value of Trump’s locked-down tokens by nearly half, falling from nearly $6 billion to about $3.15 billion.
Even his mining project, American Bitcoin CompanyHe did not escape the crisis. The company was founded shortly after Trump’s inauguration in partnership with Hut 8 Corp., which took a majority stake.
Eric Trump ended up with about 7.5% of the company, while Donald Trump Jr. took a smaller, undisclosed stake.
The company initially grew, valuing Eric’s stake at about $630 million, but when the market changed, the shares fell by more than half, resulting in a loss of about $300 million of his stake.
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Market collapse deepens crypto losses
The decline in the Trump family’s cryptocurrency wealth is only part of… The broader market collapse That wiped out more than $1 trillion in digital asset value.
The sector is facing one of the strongest periods of decline in recent months. Major currencies are downleveraged position unwind, and liquidation wave Drift through the derivatives markets.
Bitcoin sales caused a pullback Alternative currencies Stocks linked to the cryptocurrency were down, highlighting how quickly momentum can reverse in an industry known for volatility.
Retail investors bore much of the pain. Many have invested in tokens, mining stocks or famous projects near their peak, only to see prices collapse within weeks.
