Trump-related virtual currency projects gather The U.S. Senate has advanced a bipartisan plan to end the longest government shutdown in history. Over the past week, the WLFI token led the rally with a 33% surge, followed by $MELANIA memecoin and $TRUMP memecoin, which surged 13% and 12%, respectively.
The government shutdown has put nearly 900,000 federal employees on furlough and halted critical services such as SNAP food assistance and airport operations. Congress failed to pass the budget due to disagreements over extending tax credits under the Affordable Care Act.
As Cryptopolitan reported, after a 40-day stalemate at the federal level, the Senate voted 60-40, with Democrats voting hours later to support a package that would fund some government agencies through the end of the fiscal year and others until January 30, 2026.
The president also told reporters at Sunday night’s football game that the shutdown appeared to be ending soon, according to reports.
Trump-related cryptocurrency projects surge by up to 30% in one day
In 2025, coins associated with President Trump have become one of the hottest topics in the crypto world. They had the support of many political celebrities, the fast-paced world of Solana meme coins, and a supply design that was difficult to obtain at first.
In the case of $TRUMP, there are only about 200 million tokens in circulation, but the maximum supply is 1 billion. Meanwhile, World Liberty Financial released 20% of its token supply on September 1st, making WLFI available for trading on major centralized exchanges.
The launch profit of WLFI token also decreased significantly. The WLFI market launched in September and temporarily added $5 billion to its holdings. But more than half of that value disappeared within the first week of trading. Additionally, POTUS’ crypto portfolio, particularly the donated portion, has now reached an all-time low, dropping below $1 million for the first time.
The plunge cut DJT’s WLFI portfolio, valued at more than $6 billion, in half. At current prices, Trump’s WLFI holdings are valued at $1.25 billion, down from $2.5 billion at the end of September.
Meanwhile, the WLFI token is trading around $0.1617, marking a 32% rise in the past 24 hours. This is still below the recent high of $0.336 reached less than a week after its release.
Meanwhile, $TRUMP is trading at $8.69, up 15% in the past 24 hours. Wife Coin $MELANIA is trading at 0.1294, showing an increase of 14% in the past 24 hours.
President Trump’s crypto business has amassed more than $1 billion
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Source: TruthSocial
President Trump said on Truth Social on Sunday that he may give everyone in the United States except the very highest earners a $2,000 dividend paid with tariff revenue.
But Treasury Secretary Scott Bessent dampened optimism, saying the dividend may just be a tax cut on the president’s agenda.
Trump’s cryptocurrency business has generated more than $1 billion in revenue. Last month, his son Eric acknowledged the amount could exceed that amount.
Meanwhile, Democrats remain concerned about Trump’s ethics due to his involvement in cryptocurrencies. They cite his family’s DeFi project, a $2 billion deal with the UAE, and the pardon of Binance founder Chao Changpeng as examples of clear conflicts of interest.
As a result, investors are worried that once Trump leaves the Oval Office, these coins will become a tale once told.
