Overview
- Trump delivered a keynote Saturday at Mar-a-Lago to the top 297 TRUMP token holders, with a private reception reserved for the top 29.
- The TRUMP memecoin has dropped roughly 95–96% from its 2025 peak and traded around $2.5–$2.9 on Saturday after touching a record low.
- Senators Elizabeth Warren, Adam Schiff and Richard Blumenthal demanded documents from organizer Fight LLC, calling the structure an improper sale of presidential access that could shape ongoing crypto policy debates.
- On-chain data shows heavy concentration, with the top 10 wallets holding about 91% of the supply, and large holders moved tokens off exchanges before the leaderboard window to secure eligibility.
- Legal and market pressures grew this week, with Justin Sun suing a Trump-linked crypto firm and separate analyses showing the VIP threshold to meet the president fell by more than 80% from last year.