$TRUMP Meme Coin Continues 95% Value Drop Amid Gala Event
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowPresident Donald Trump hosted a gala for winners of his second annual $TRUMP meme coin contest at Mar-a-Lago, where attendees included the 297 largest holders. The $TRUMP cryptocurrency has lost over 95% of its value since its peak last year. During the event, Trump stated he feels an obligation to support the crypto industry, which he claims has become mainstream. Trump's family has reportedly earned over $1 billion from crypto sales, including $336 million from meme-coin transactions in the first half of 2025.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
Related News
Treasury Secretary Bessent Critiques Obama's Cheesecake Factory Joke on Trump
Oct 27
Bitcoin (BTC) Falls Below $80,000 Amid AI-Driven Market Selloff
Oct 26
Trump Visits Michigan Midterms as GOP Targets El-Sayed Senate Bid
Oct 25
Bitcoin (BTC) Price Rebounds to $80,800 Ahead of Fed Meeting
Oct 25