The Official Trump memecoin, which launched just before Donald Trump's inauguration in January 2025, has seen a staggering decline of 96% from its peak price of $75.35. Initially, the token reached a market capitalization of $9 billion, but by April 2026, this figure has plummeted to $655 million. If an investor had put in $1,000 when the coin peaked, they would now only have $37.29 left, given the current trading price of $2.81 per token. The coin is primarily owned by Trump-affiliated entities, including CIC Digital LLC, which holds an 80% stake, valued at approximately $2.25 billion. Despite its poor performance, the team behind the memecoin is organizing a crypto and business conference at Mar-a-Lago, featuring a gala luncheon with Trump, indicating ongoing efforts to maintain interest and hype around the token.