Official Trump (SHIB) Token Sinks 90% After $94M Liquidity Exit

• Official Trump (SHIB) token dropped nearly 90% from its peak value according to reports.
• $94 million moved from liquidity pools to Coinbase raised financial concerns according to reports.
• The token generated over $320 million in fees despite its price decline.
• Trump Media plans a shareholder token distribution via Crypto.com in 2026 according to announcements.

Official Trump (SHIB) has plunged nearly 90% from its January high of $75.35 to under $5 today according to reports. This collapse follows $94 million in USDC withdrawals from token liquidity pools to Coinbase by team-linked wallets according to blockchain data. Democratic lawmakers requested Treasury investigations into Trump's crypto projects according to reports. The downturn comes despite the token generating substantial fees for insiders.

Why Did Official Trump (SHIB) Token Crash 90%?

Project-affiliated wallets moved $94 million in USDC to Coinbase according to blockchain trackers. Solana records show these transfers originated from wallets tagged 'Official Trump Meme' cluster according to analysis. That liquidity withdrawal damaged investor confidence and coincided with SHIB's steep decline. The token's architecture generated $320 million in fees despite its poor price performance. Few projects recover from such significant capital exits.

How Are Trump-Linked Crypto Ventures Facing Scrutiny?

Regulatory pressure mounted as Democratic lawmakers sought US Treasury probes into Trump's cryptocurrency activities. That political action creates legal uncertainty around related assets. Separately, Trump Media announced plans to distribute digital tokens to DJT shareholders through Crypto.com in 2026. The initiative aims to leverage Cronos blockchain for interoperability improvements. Still, operational risks exist across Trump-associated crypto projects.

What Does 2026 Hold for Memecoins and Crypto?

Memecoins face headwinds as markets shift toward sustainable business models according to research. Tiger Research notes institutional capital will focus on Bitcoin and Ethereum while smaller assets face elimination according to analysis. That said, Solana-based BONK recently surged 30% on social media momentum and ecosystem integration. Broader memecoin performance remains mixed as token buyback models gain traction for investor returns according to research. Privacy technology is also becoming critical infrastructure for institutional adoption according to industry analysis.