TRUMP Memecoin Drops More Than 10% After White House Dinner Security Scare

Overview

• TRUMP fell over 10% to about $2.63–$2.65 on Sunday, following Saturday night's shooting near the White House Correspondents’ Dinner, with data also showing $7.61 million in long liquidations.
• A gunman fired near a checkpoint by the Washington Hilton, the Secret Service evacuated President Trump and the first lady, one agent was hit but protected by body armor, and the suspect was taken into custody with multiple weapons.
• Hours before the incident, 297 top TRUMP holders attended a Mar‑a‑Lago gathering with a 29‑person VIP reception, which briefly lifted sentiment but did not hold once the security news broke.
• The token now trades roughly 96–97% below its early‑2025 peak near $75, underscoring how news tied to politics can drive sharp swings in a highly speculative asset.
• Lawmakers have pressed event organizers about whether token holdings buy access to the president, while past Reuters reporting said the Trump family’s crypto ventures generated over $800 million in the first half of 2025.