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Trump's Social Media Ventures Face Dramatic 75% Stock Plunge

11/29/2025

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Story summary
  • The Wall Street Journal reports that the shares of the company behind Truth Social have plummeted 75% since U.S. President Donald Trump's inauguration in 2017.
  • Trump-branded "meme coins" have fallen 86% and 99%, respectively.
  • The downturn has affected Trump family crypto ventures, including World Liberty Financial, which has fallen 40% since its launch.
  • Investors weigh cutting losses after a Reddit user lamented the stock's fall from $46 to $11.07.