Crypto Tokens Drop, Politicians Watch Closely

• TRUMP token
• Fell to $2.86 after a March low of $2.73 (CoinGecko).

• Dropped ~90 % from its January 2025 peak of over $73.

• WLFI token
• Slid to roughly $0.07 on Saturday.
• Lost almost 75 % of its value since peaking at $0.31 in September 2025.

A professor compared the downturn to past crypto scandals involving figures like Sam Bankman‑Fried and Gary Gensler, arguing that the real harm comes from those who profit at others’ expense and collapse businesses without accountability.

New Token‑Holder Gathering Raises Concerns

• The former president announced a token‑holder event on April 25, sparking alarm among Democratic lawmakers.
• The event would grant token holders special access to Trump, raising questions about influence peddling.

Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff sent a letter to Bill Zanker—creator of the TRUMP memecoin—requesting details about the gala and warning that attendance is contingent on holding TRUMP tokens. The letter, obtained by Politico, highlights worries that the event could reward supporters with personal meetings and notes that both Trump and his relatives stand to benefit from increased token sales.

These developments underscore growing scrutiny over political figures using cryptocurrency to raise funds and reward loyalists, a practice that may blur lines between finance and political influence.