President Trump To Speak At Meme Coin Event As TRUMP Token Collapses 95%

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

President Donald Trump volition talk astatine a Mar-a-Lago league for apical TRUMP meme coin holders connected Saturday, adjacent arsenic the token crashed 95% from its January 2025 precocious and the terms of VIP entree plunges 84% from past year’s event.

The apical 29 qualifying holders get entree to a VIP reception with Trump.

Analysis by the Financial Times shows winners of a VIP summons held a median of $539,000 of $TRUMP astatine the extremity of the contest.

That compares with astir $3.28 cardinal past year—an 84% drop.

“Mem ecoins person gotten wrecked,” said Austin Campbell, managing spouse of crypto advisory steadfast Zero Knowledge Consulting. “The Trump marque is not capable of a carrot to elevate them.”

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Nansen shared information showing much than $12.9 cardinal traded hands successful the token done decentralized crypto trading platforms successful the contiguous run-up to the 2025 dinner.

This year’s contention lone drew $1.4 cardinal successful volumes—an 89% collapse.

The announcement of the contention successful March concisely pushed the token from $2.90 to $4.05, but it fell to $2.88 by the extremity of the contention connected April 14.

Many winners look to person liquidated their holdings. The full fig of tokens held by the winning accounts identified by the FT fell from 17 cardinal astatine its highest to 9.7 cardinal a week later.

Chinese crypto capitalist Justin Sun topped the leaderboard with holdings of astir $9.4 cardinal of TRUMP passim the competition.

Sun precocious sued World Liberty Financial, a Trump-backed crypto firm, accusing it of fraud.

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As of April 2025, the Trump household and its partners had made $320 cardinal successful memecoin-related trading fees.

Two entities overwhelmingly clasp the token: an affiliate of the Trump Organization and a institution tally by Bill Zanker, a longtime Trump concern partner.

“Nobody likes it,” said Morten Christensen, a crypto capitalist who inactive plans to be the Mar-a-Lago event. “People are losing connected the coin, and they are vocal.

They are the radical connected Twitter like, ‘F*** this coin’ oregon ‘It’s a scam.’ And they’re right, basically.”

The Mar-a-Lago lawsuit is unfastened to the apical 297 TRUMP investors. Trump volition talk during the luncheon, alongside boxing fable Mike Tyson, motivational manager Tony Robbins, and Tether CEO Paolo Ardoino.