The trump price fell sharply on Sunday, 26 April, after a security incident near Donald Trump during the White House Correspondents’ Association Dinner in Washington.
Summary
Market moves after the incident
The token dropped from about $3 to roughly $2.65 within hours. Moreover, CoinGlass and CoinMarketCap data showed a 10,65% loss over 24 hours, while traders rushed to adjust positions.
According to reports, the episode began late in the evening near a checkpoint close to the Washington Hilton, where the dinner was held. A man reportedly fired shots near the area. Donald Trump and first lady Melania Trump were quickly evacuated by the Secret Service.
An agent was said to have been hit, but the vest limited the injuries and recovery was expected. That said, the suspected gunman, described as a man in his early 30s from California, was later arrested. Trump later said he believed he may have been the target.
Liquidations and sentiment
The trump price drop triggered fast market reactions. CoinGlass data showed $7,61 million in long liquidations over 24 hours, underscoring how quickly sentiment shifted across the token.
Moreover, the same day Trump hosted 297 top TRUMP holders at Mar-a-Lago. A smaller group of 29 people attended a VIP reception with champagne toasts. The event had previously helped support sentiment around the token.
The trump memecoin price is also more than 96% below its all-time high of $75,35, which was recorded in early 2025. At the time of publication, TRUMP traded near $2.65, down about 97% from its peak.
However, the asset has also drawn political scrutiny. Earlier, some Democratic senators sent a letter to the Mar-a-Lago event organizers, raising concerns about direct access to the president and whether the gathering encouraged token purchases that could generate fees for Trump and his family.
Trump family crypto revenue
A Reuters report last year said the Trump family earned more than $800 million from crypto-related activities in the first half of 2025. World Liberty Financial reportedly contributed about $463 million, while the memecoin TRUMP added around $336 million. Cryptocurrencies accounted for more than 90% of total revenue in that period.
That said, the latest trump token news shows how closely the coin remains tied to both political headlines and market volatility. For now, the token continues to trade under heavy pressure after the weekend shock.
