Key Highlights
- The TRUMP memecoin experienced a decline exceeding 10% over a 24-hour period, settling near $2.65
- Panic selling erupted following a security breach at the White House Correspondents’ Dinner
- Shots were fired by an armed individual near the Washington Hilton venue; the President was evacuated without harm
- Prior to the incident, 297 major TRUMP token holders had gathered at a Mar-a-Lago exclusive event
- The cryptocurrency has plummeted more than 96% from its record high of $75.35
The TRUMP memecoin experienced a significant downturn exceeding 10% on Sunday, April 26, following a dangerous security breach involving U.S. President Donald Trump at the White House Correspondents’ Association Dinner in the nation’s capital.
The cryptocurrency’s value plummeted from approximately $3 to roughly $2.65 in a matter of hours. This represents a 10.65% decrease during the 24-hour trading window, based on information from CoinGlass and CoinMarketCap.
The alarming incident unfolded during the late hours of Saturday evening. An armed individual opened fire at a security checkpoint in proximity to the Washington Hilton, the venue hosting the correspondents’ dinner. President Trump along with first lady Melania Trump were swiftly removed from the premises by Secret Service personnel. A Secret Service agent sustained impact but remained uninjured due to protective body armor and is anticipated to make a full recovery. Authorities apprehended the suspect, described as a male in his early thirties from California. The President subsequently indicated he suspected he was the intended target.
3rd Time In 2 Years – Is The US President The Most Targeted Man On The Planet?
Shots fired at the White House Correspondents’ Dinner (April 25, Washington Hilton).
What happened:
→ 5+ gunshots near the security area at 8:35 PM ET
→ Secret Service rushed Trump off stage… pic.twitter.com/rnXoMOvY2d— Crypto Patel (@CryptoPatel) April 26, 2026
The cryptocurrency market responded immediately. Data from CoinGlass shows that long position liquidations reached $7.61 million during the 24-hour timeframe.
Just hours before the security incident, the President had welcomed 297 of the most significant TRUMP token stakeholders to his Mar-a-Lago estate. A select group of 29 participants attended an exclusive VIP gathering featuring a champagne celebration. Grant Cardone, who founded Cardone Capital, was among the attendees. The gathering had temporarily boosted optimism surrounding the digital asset.
Market Performance Overview
TRUMP has declined by more than 96% from its peak value of $75.35, which was reached during early 2025 shortly after the token’s introduction.
Senate Democrats Elizabeth Warren, Richard Blumenthal, and Adam Schiff submitted correspondence this month to the organizers behind the Mar-a-Lago gathering. Their letter raised concerns about whether the event suggested preferential access to the president and if it was being utilized to promote token acquisitions that would produce revenue for Trump and his relatives.
Cryptocurrency Earnings for Trump Family
According to a Reuters analysis from the previous year, the Trump family generated over $800 million through cryptocurrency ventures during the initial six months of 2025. World Liberty Financial represented approximately $463 million of those earnings. The TRUMP memecoin produced around $336 million in revenue.
Digital currency initiatives comprised over 90% of the family’s total income during that six-month span, according to the Reuters investigation.
Currently, TRUMP is trading at approximately $2.65, representing a 97% decline from its highest point.
