TRUMP memecoin tokens plummet after White House shooting incident
CryptoSlate
TRUMP memecoin prices dropped sharply following a security scare involving President Donald Trump at the White House Correspondents’ Dinner.Summary
Following an attempted security breach at the White House Correspondents’ Dinner on April 25, the TRUMP memecoin experienced a significant decline in value. The incident occurred on the same day President Donald Trump hosted major token holders at a Mar-a-Lago event. Despite the President's engagement, the TRUMP token has faced a massive 97% decline over the past year, dropping from highs above $75 to approximately $2.60. Market analysts and ethics experts have criticized the President's involvement, with industry figures like Simon Dedic describing the token as a damaging extraction from retail investors. On-chain data indicates that many high-level token holders sold their assets immediately following the gala.
(Source：CryptoSlate)