Cryptocurrency Winter Hits: Trump's Assets Shrink by Over $1 Billion in a Week

The Risks of Digital Assets Become Prominent

Trump’s personal assets experienced rollercoaster fluctuations within just a few weeks. His net worth plummeted from a record $7.3 billion in September to the current $6.2 billion, a weekly decline of over $1.1 billion. This sharp decrease mainly stems from poor stock performance of his tech group TMTG’s social media platform and a deep correction in the overall crypto market.

TMTG Stock Hits Bottom

As a core asset of the Trump family business, TMTG’s stock (trading code DJT) fell to a historic low this week, quoted at only $10.18. This price level is far from the expectations at the time of listing. The continuous decline in stock price has directly eroded Trump’s wealth as a major shareholder.

Notably, the decline in TMTG’s stock price coincided with a correction in the entire crypto market—major digital assets like Bitcoin have also experienced significant drops recently, and this correlation has intensified investor pessimism.

World Liberty Financial Project Under Pressure

Trump’s DeFi platform, World Liberty Financial (WLFI), launched last September, was initially highly anticipated. The project was initiated by Trump and his three sons, attracting $75 million from crypto entrepreneur Justin Sun during the fundraising stage.

However, WLFI’s performance has not met expectations. Its governance token WLFI, issued at launch, reached a high of $0.31 on the first day but then declined steadily. As of the latest data, WLFI’s trading price has fallen to $0.17, down nearly 45% from its peak.

The Trump family holds 70% of DT Marks DEFI LLC, which owns 2.25 billion WLFI tokens out of the 10 billion created by World Liberty Financial. However, according to project rules, the founder’s tokens have a long unlocking cycle, meaning Trump will find it difficult to hedge against asset devaluation by selling tokens in the short term.

Warning from Ranking Drop

Although Trump’s net worth remains high at $6.2 billion, his ranking on the Forbes 400 list has declined. In September last year, he was ranked 201st, an improvement of 118 places from the 2024 list—this rise was mainly due to appreciation of his crypto assets. Now, with the rapid shrinkage of his assets, his position on the new list is likely to be affected.

Market Insights

The significant fluctuations in Trump’s assets reflect the high-risk nature of the current crypto market. Even investors with strong political influence face substantial price volatility risks in digital assets. The drop of WLFI from $0.31 to $0.17 illustrates the uncertainty of emerging DeFi projects. This serves as a clear signal to ordinary investors—be cautious and thoroughly assess risks when allocating assets in the crypto space, and avoid blindly following trends.