TRUMP Memecoin Price Drops 10% Following Security Incident at White House Dinner

TLDR

• The TRUMP memecoin experienced a decline exceeding 10% within 24 hours, with its price trading near $2.65.
• Panic selling was sparked by a security breach at the White House Correspondents’ Dinner.
• A gunman opened fire close to the Washington Hilton, leading to the safe evacuation of former President Trump.
• Prior to the incident, 297 major TRUMP token holders were guests at an exclusive gala at Mar-a-Lago.
• The token’s value has plummeted more than 96% from its peak of $75.35.

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(SeaPRwire) –   The value of the TRUMP memecoin decreased by over 10% on Sunday, April 26, following a security scare involving U.S. President Donald Trump at the White House Correspondents’ Association Dinner in Washington.

Within a matter of hours, the token’s price fell from about $3 to roughly $2.65. Data from CoinGlass and CoinMarketCap indicates this represents a 10.65% drop over a 24-hour period.

The event unfolded late on Saturday night. Shots were fired by a gunman at a security checkpoint near the Washington Hilton, the venue for the dinner. The Secret Service swiftly evacuated President Trump and First Lady Melania Trump. One agent was hit by gunfire but was saved by body armor and is anticipated to make a full recovery. The individual suspected of the shooting, a man in his early 30s from California, was apprehended. Trump subsequently expressed his belief that 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 market response was swift. According to CoinGlass figures, long liquidations reached $7.61 million during the 24-hour timeframe.

On the same day, before the incident, Trump had entertained 297 of the most substantial TRUMP token holders at his Mar-a-Lago estate. A more select group of 29 individuals participated in a VIP reception that included a champagne toast. Grant Cardone, the founder of Cardone Capital, was in attendance. This gathering had provided a temporary boost to the token’s market sentiment.

Price Context

The TRUMP token’s current value is more than 96% below its all-time high of $75.35, achieved shortly after its launch in early 2025.

Earlier this month, Democratic Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff addressed a letter to the organizers of the Mar-a-Lago event. They raised concerns about whether the gathering suggested preferential access to the president and if it was designed to promote token buying that would result in financial gains for Trump and his relatives.

Trump Family Crypto Revenue

According to a Reuters report published last year, the Trump family generated more than $800 million from cryptocurrency-related activities in the first six months of 2025. World Liberty Financial was responsible for approximately $463 million of this total, while the TRUMP memecoin brought in about $336 million.

Reuters also noted that crypto enterprises constituted over 90% of the family’s entire revenue stream in that timeframe.

As of the latest update, TRUMP is trading at around $2.65, reflecting a 97% decrease from its highest value.