TRUMP memecoin fell nearly 10% in 24 hours despite a Mar-a-Lago investor gala, with the token still down over 96% from its peak. Donald Trump’s official TRUMP memecoin extended its decline on Saturday, even as he hosted a closed-door gathering for top holders of the cryptocurrency at Mar-a-Lago. The token is currently trading at around $2.67, down by nearly 10% over the past day, according to data from CoinMarketCap. It is also down by more than 96% compared to its all-time high of $75.35 registered in early 2025. The downturn comes despite efforts to maintain visibility through high-profile events. The Saturday event brought together 297 of the largest TRUMP investors for what was billed as the “most exclusive” crypto and business conference, with a smaller group of 29 attending a VIP reception and champagne toast, according to The Independent. Read more
The US President has confirmed his attendance for the Florida event, but it's unclear whether Tron founder Justin Sun, suing the Trump family's crypto business, will appear. In a repeat of 2025, top holders of US President Donald Trump’s memecoin, Official Trump (TRUMP), will gather for a private event that many critics have described as selling access to the presidency. On Saturday, Trump and up to 297 of his memecoin holders will meet at the president’s Mar-a-Lago property in Florida. According to the project behind the memecoin, attendees will include stablecoin issuer Tether CEO Paolo Ardoino, cryptocurrency exchange Upbit founder and CEO ChiHyung Song, Bitcoin (BTC) advocate Anthony Pompliano, Anchorage Digital co-founder and CEO Nathan McCauley and many others associated with financial institutions, crypto and blockchain. Notably, however, there was no public statement confirming the appearance of Tron founder Justin Sun, a prominent supporter of the president, an investor in the Trump family crypto bus...
US President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule. The White House has reportedly confirmed that US President Donald Trump will attend the exclusive event for top TRUMP memecoin holders at his Florida residence on Saturday, after questions were raised earlier this month over whether he would attend. Reuters reported on Friday that the White House confirmed Trump would deliver a keynote address at the gala luncheon organized by the company behind his Official Trump (TRUMP) memecoin. The gala is set to take place at Mar-a-Lago. It will be open to the top 297 holders of the TRUMP token, and the top 29 holders will also qualify for a private reception with the president. Read more