Trump Meme Coin Down 96% From Peak as President's Approval Ratings Sink
President Trump's official Solana meme coin fell to its lowest price since soon after launch as perceptions of his job performance suffer.
By Logan HitchcockEdited by Andrew HaywardMar 10, 2026Mar 10, 20262 min read
In brief
- President Trump's official Solana meme coin hit its lowest price since soon after launch.
- The president's approval rating has been dipping as the nation deals with the conflict in Iran.
- World Liberty Financial's WLFI, another Trump-connected token, recently hit a new trading low.
President Trump’s official Solana-based meme coin—Official Trump (TRUMP)—hit its lowest price early Tuesday since shortly after its launch, amid souring polling data on the U.S. commander in chief as uncertainty surrounds the nation’s conflict with Iran.
The token is down around 1% on Tuesday at a recent price of $2.90, and has fallen more than 15% over the last week, even as crypto’s leaders like Bitcoin and Ethereum rebound to $70,137 and $2,041, respectively.
TRUMP fell to $2.87 overnight, which is the lowest price tracked by CoinGecko since the token began trading shortly after the initial sale began in January 2025. However, another price tracker, CoinMarketCap, shows an all-time low of $1.21 during the same post-launch window.
In any case, the overnight low is more than 96% off the $73.43 all-time high achieved in January 2025 just before Trump began his second term in office, per CoinGecko data.
Predictors on Myriad, the prediction market operated by Decrypt’s parent company Dastan, have flipped negative on the president’s approval rating in the last week. They’ve shifted from nearly even 50-50 odds to favoring disapproval at 58%, as of this writing.
That data now more closely mirrors traditional polling data, which has held a less favorable slant towards the president’s performance since the middle of last year. Updated polling averages aggregated by data analyst Nate Silver currently have Americans rating the president around 54.8% disapproval.
President Trump said Monday that he thought the conflict in Iran was “very complete, pretty much,” briefly calming broad financial market volatility. But late Monday, he made fresh threats to Iran regarding the flow of oil, noting that “death, fire, and fury will reign" should the nation stop the flow of the natural resource.
Amid those comments, Bitcoin has risen around 1.5% in the last 24 hours, pulling most of the crypto market with it. But not Trump’s own official meme coin, which remains in the red.
The Trump-related World Liberty Financial token (WLFI) has performed better over the last 24 hours, rising 1.4% to change hands around $0.10. But that token recently set a new low trading mark over the weekend, touching $0.094 for the first time since the token became freely tradable. Even at its current mark, the token of the Trump-backed DeFi protocol is 69% off its all-time high.
World Liberty Financial recently held a conference at President Trump’s Mar-a-Lago estate in Florida, and has faced scrutiny over a $500 million investment by the UAE in the Trump-aligned crypto business.
