U.S. President Donald Trump’s support among young voters has fallen sharply as retail cryptocurrency users and some TRUMP token investors criticize his crypto ventures. Trump won support from more than 43% of 18-to-29-year-olds, but a recent Fox News poll put his support among that group at 19%. The Washington Post reported that independent and moderate 18-to-24-year-olds increasingly view Trump’s involvement in crypto as a cash grab. David, a South Carolina participant in a Bulwark Focus Group podcast session, questioned why Trump continued pursuing crypto ventures despite being a billionaire. The shift contrasts with continued backing from major crypto companies and industry figures, who credit Trump with appointing pro-crypto officials, supporting stablecoin legislation and backing the Digital Asset Market Clarity Act, which failed to secure enough Senate votes for cloture last month. Investor Morten Christensen said Trump’s reputation had deteriorated, while financial records indicate Trump earned at least $500 million from World Liberty Financial token sales. The company issued USD1, a dollar-pegged stablecoin with a market capitalization above $4 billion.