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
- An armed individual opened fire near the Washington Hilton venue; President Trump was evacuated without injury
- Hours before the incident, 297 major TRUMP token owners had gathered at a Mar-a-Lago event
- The cryptocurrency has collapsed more than 96% from its peak value of $75.35
The TRUMP memecoin experienced a sharp decline of over 10% on Sunday, April 26, following a dangerous security situation involving U.S. President Donald Trump at the White House Correspondents’ Association Dinner in the nation’s capital.
Trading data shows the cryptocurrency slid from approximately $3 to around $2.65 in just a few hours. This represents a 10.65% decrease over a 24-hour timeframe, based on information from CoinGlass and CoinMarketCap.
The security situation unfolded late on Saturday evening. An armed assailant discharged a weapon at a security perimeter near the Washington Hilton, the venue hosting the annual dinner. President Trump and First Lady Melania Trump were immediately evacuated by Secret Service personnel. A Secret Service agent sustained a hit but remained unharmed thanks to protective body armor and is anticipated to make a full recovery. Authorities apprehended the shooter, described as a male in his early 30s from California. President Trump subsequently indicated he suspected he might have been the intended victim.
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. According to CoinGlass tracking, long position liquidations reached $7.61 million during the 24-hour timeframe.
Just hours prior to the incident, President Trump had welcomed 297 of the largest TRUMP token investors to his Mar-a-Lago estate. An exclusive VIP gathering of 29 participants included a champagne reception. Grant Cardone, the founder of Cardone Capital, attended the event. The gathering had temporarily boosted optimism surrounding the digital asset.
Market Performance Overview
TRUMP has plummeted more than 96% from its record high of $75.35, which was reached in the early weeks of 2025 shortly after its debut.
Three Democratic Senators—Elizabeth Warren, Richard Blumenthal, and Adam Schiff—dispatched correspondence earlier this month to the organizers of the Mar-a-Lago gathering. Their letter raised concerns about whether the event suggested preferential access to the president and if it was being leveraged to promote token acquisitions that would generate revenue for Trump and his relatives.
Trump Family Cryptocurrency Earnings
According to a Reuters investigation published last year, the Trump family generated over $800 million from cryptocurrency-related activities in the first six months of 2025. World Liberty Financial represented approximately $463 million of that total. The TRUMP memecoin generated around $336 million in revenue.
Cryptocurrency-based enterprises comprised over 90% of the family’s total income during that timeframe, according to the Reuters analysis.
As of publication, TRUMP is trading at roughly $2.65, reflecting a 97% decline from its all-time high.
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