Eric Trump Denies New Trump Coin Amid Ongoing Decline of Existing Trump-Linked Tokens

Eric Trump used his X account to refute rumors that President Donald Trump is preparing to launch a new cryptocurrency, describing the claim as fraudulent. The post attracted over 2.1 million views.

Existing Trump‑Linked Tokens Remain Depressed

Three tokens associated with the Trump brand are still on the market, but each trades well below its all‑time high.

• Official Trump (TRUMP) – Launched on solana">Solana on 17 January 2025, it peaked at $73.43 within two days. The token fell to a record low of $1.37 on 13 August 2026 and has since recovered about 88 %.
• Melania Meme (MELANIA) – Introduced two days after TRUMP, it now trades around $0.086, roughly 99 % below its peak, with a market cap of about $86 million.
• World Liberty Financial (WLFI) – Began trading in September 2025, briefly reached $0.33 and currently sits near $0.06, down about 78 % from its high.

Investor Losses and Market Data

Analytics from Nansen show that approximately 1.48 million wallets have purchased TRUMP, with 988,905 of them underwater, representing roughly $3.81 billion in unrealized losses. The majority of holdings remain heavily negative, often near a 97 % loss.

Political and Regulatory Scrutiny

President Trump reported over $1.4 billion in crypto‑related income for 2025, including more than $500 million from WLFI sales and over $600 million through CIC Digital. Senate Democrats, led by Elizabeth Warren and Richard Blumenthal, are pursuing investigations into potential national‑security concerns tied to these crypto ties. A Reuters/Ipsos poll indicated that 63 % of Americans view the profits as inappropriate, and 69 % believe the President’s business interests influence his decisions. The Senate is set to vote on the CLARITY Act, which could prohibit sitting officials from issuing digital assets.