Trump’s official memecoin extends slide as he hosts exclusive investor gala

TRUMP memecoin fell nearly 10% in 24 hours despite a Mar-a-Lago investor gala, with the token still down over 96% from its peak.

Donald Trump’s official TRUMP memecoin extended its decline on Saturday, even as he hosted a closed-door gathering for top holders of the cryptocurrency at Mar-a-Lago.

The token is currently trading at around $2.67, down by nearly 10% over the past day, according to data from CoinMarketCap. It is also down by more than 96% compared to its all-time high of $75.35 registered in early 2025.

The downturn comes despite efforts to maintain visibility through high-profile events. The Saturday event brought together 297 of the largest TRUMP investors for what was billed as the “most exclusive” crypto and business conference, with a smaller group of 29 attending a VIP reception and champagne toast, according to The Independent.

Read more