Since Trump’s Return, Bets on His Brand Have Soured

Stocks and cryptocurrencies linked to President Trump are in a deep slump, leaving some of the president’s biggest fans with steep losses. 

Shares of Trump Media & Technology Group DJT 4.25%increase; green up pointing triangle, which operates the president’s Truth Social platform, have tumbled 75% since Trump’s inauguration. Digital “meme coins” named for Trump and first lady Melania Trump are down 86% and 99% since inauguration day, respectively. And one of the Trump family’s crypto ventures, a token called World Liberty Financial, has dropped roughly 40% since its September launch.