TRUMP Memecoin Plunges Over 10% Following White House Security Scare

Key Takeaways

• The TRUMP token plummeted more than 10% within a 24-hour period, settling near $2.65
• Market panic followed a security breach at the White House Correspondents’ Dinner
• Shots were fired by a suspect near the Washington Hilton venue; the President was evacuated without injury
• Hours before the incident, 297 leading TRUMP token holders had gathered at Mar-a-Lago for an exclusive event
• The cryptocurrency has plummeted over 96% from its record high of $75.35

The TRUMP memecoin experienced a sharp decline exceeding 10% on Sunday, April 26, following a dangerous security situation involving U.S. President Donald Trump at the White House Correspondents’ Association Dinner in the nation’s capital.

Trump Price

The cryptocurrency slid from approximately $3 down to roughly $2.65 over just a few hours. This represents a 10.65% decrease across a single day, based on information from CoinGlass and CoinMarketCap.

The security situation unfolded late on Saturday evening. A suspect opened fire at a security checkpoint close to the Washington Hilton, the location hosting the correspondents’ dinner. Both President Trump and First Lady Melania Trump were swiftly removed from the premises by Secret Service personnel. A Secret Service agent was hit during the incident but remained protected thanks to body armor and is anticipated to make a full recovery. Authorities apprehended the shooter, described as a California resident in his early thirties. The President later indicated he suspected he might have been the intended target.

Cryptocurrency markets responded immediately. Long position liquidations reached $7.61 million during the 24-hour timeframe, according to CoinGlass tracking data.

Just hours earlier on the same day, President Trump had welcomed 297 top TRUMP token investors to his Mar-a-Lago estate. An elite subset of 29 participants enjoyed a VIP gathering complete with a champagne celebration. Grant Cardone, who founded Cardone Capital, was in attendance. The gathering had momentarily boosted optimism surrounding the digital asset.

Market Performance Overview

The TRUMP token has crashed more than 96% from its peak value of $75.35, which was reached in early 2025 shortly after the token’s introduction.

Democratic lawmakers Elizabeth Warren, Richard Blumenthal, and Adam Schiff recently sent correspondence to the organizers of the Mar-a-Lago gathering. Their letter raised concerns about whether the event suggested privileged access to the commander-in-chief and whether it served to promote token acquisitions that would generate revenue for Trump and his relatives.

Crypto Earnings for Trump Family

A Reuters investigation from the previous year revealed the Trump family generated more than $800 million through cryptocurrency ventures in the first six months of 2025. World Liberty Financial represented approximately $463 million of those earnings. The TRUMP memecoin brought in about $336 million.

Cryptocurrency-related projects comprised over 90% of the family’s total income during that timeframe, Reuters reported.

Currently, TRUMP is valued at approximately $2.65, representing a 97% decline from its historical peak.

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