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Sign InThe story of the Trump-linked crypto token collapse has evolved from a simple market crash into a political problem. Cryptocurrency tokens linked to former U.S. President Donald Trump have experienced a dramatic collapse in market value. The official TRUMP token plunged to an all-time low of $2.73 in March 2026 and is currently trading at $2.86, representing a 90% decline from its historical peak. Despite this severe downturn, on-chain data reveals intensifying whale activity, with large holders accumulating TRUMP tokens ahead of the scheduled April 25 crypto conference and gala luncheon at Donald Trump's Mar-a-Lago resort. Similarly, the World Liberty Financial WLFI token sank to a record low of $0.07, down 75% from its highest valuation. In response to these developments, Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff have sent a formal letter to the Trump memecoin creator demanding details about the purpose of the planned event. The situation underscores the growing regulatory and political risks facing celebrity-linked digital assets, even as significant investors position themselves ahead of the upcoming high-profile gathering.