Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-Lago Gala

Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-Lago Gala
Cryptonews
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The TRUMP meme coin jumped as much as 60% after promoters advertised a Mar-a-Lago gala linked to the president. The post Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-Lago Gala appeared fi...
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Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...

The rally pushed the token, commonly referred to as the TRUMP meme coin, as high as $4.43 before easing to around $3.88, according to data from CoinMarketCap.

Despite the sharp rebound, the token remains far below its earlier highs. The TRUMP coin has lost more than 90% of its value since peaking near $44 shortly after launching in January 2025.

Organizers have nonetheless insisted the president will appear. In an email statement, Fight Fight Fight reportedly told Bloomberg that Trump’s attendance had been confirmed, adding that the announcement would not have been posted on the official TRUMP token website otherwise.

Participation in the conference is tied directly to token ownership. According to the event rules, the top 297 TRUMP token holders who connect their wallets to a leaderboard, or verify holdings through brokerage Robinhood, will qualify to attend.

As reported, Bitcoin has shed roughly 25,000 millionaire addresses in the year since Donald Trump returned to the White House, even as US policy shifted toward a more crypto-friendly stance.

Blockchain data shows the number of addresses holding at least $1 million in BTC fell about 16% year over year, suggesting regulatory optimism has not translated into sustained on-chain wealth growth.

The pullback was less severe among the largest holders. Addresses with more than $10 million in Bitcoin declined by about 12.5%, indicating that top-tier investors were better able to withstand price volatility, while wallets near the millionaire threshold were more exposed to market swings.

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