{"id":8659,"date":"2026-04-26T10:16:41","date_gmt":"2026-04-26T10:16:41","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8659"},"modified":"2026-04-26T10:16:41","modified_gmt":"2026-04-26T10:16:41","slug":"trump-memecoin-tokens-plummet-after-white-house-shooting-incident","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8659","title":{"rendered":"TRUMP memecoin tokens plummet after White House shooting incident"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"post-box__preferred-source\">  <span class=\"cs-preferred-google-badge__text\">Make<\/span> <span class=\"cs-preferred-google-badge__brand\" aria-hidden=\"true\"> <img class=\"cs-preferred-google-badge__brand-mark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/cryptoslate-icon.jpg\" alt=\"\" width=\"16\" height=\"16\" decoding=\"async\"\/><img class=\"lazyload cs-preferred-google-badge__brand-mark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/cryptoslate-icon.jpg\" alt=\"\" width=\"16\" height=\"16\" decoding=\"async\"\/> <span class=\"cs-preferred-google-badge__brand-name\">CryptoSlate<\/span> <\/span> <span class=\"cs-preferred-google-badge__text\">preferred on<\/span> <img class=\"cs-preferred-google-badge__google-wordmark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/google-logo.svg\" alt=\"\" width=\"48\" height=\"16\" decoding=\"async\" aria-hidden=\"true\"\/><img loading=\"lazy\" class=\"lazyload cs-preferred-google-badge__google-wordmark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/google-logo.svg\" alt=\"\" width=\"48\" height=\"16\" decoding=\"async\" aria-hidden=\"true\"\/> <\/div>\n<p>Gunfire cut short the White House Correspondents\u2019 Dinner on April 25, forcing the evacuation of President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the high-profile gala.<\/p>\n<p>In a post on Truth Social, Trump revealed that US law enforcement agents subdued the suspect, who was later identified as Cole Allen, amid a social media frenzy of controversial claims about the incident.<\/p>\n<p>Trump initially urged organizers to \u201cLET THE SHOW GO ON,\u201d before confirming authorities had ordered an immediate evacuation in line with protocol.<\/p>\n<p>He added that the First Lady, Vice President, and Cabinet members were unharmed, and subsequently shared images and apparent security footage of the suspect after being subdued.<\/p>\n<h2>TRUMP token slides to record lows<\/h2>\n<p>The security scare capped a day that had already placed Trump at the center of a different kind of volatility in the crypto markets.<\/p>\n<p>Earlier on April 25, the president hosted 297 of the largest holders of his TRUMP memecoin at his Mar-a-Lago club in Palm Beach, Florida.<\/p>\n<p>Marketed as an elite gathering, the event featured a keynote address from Trump, while a smaller group of 29 top holders attended a private reception and champagne toast with him.<\/p>\n<p>Notably, this is the second of such events that the president has hosted for the token in the past year.<\/p>\n<p>Still, this presidential access has failed to lift the TRUMP token underpinning the events as it has lost more than 97% of its value over the past year.<\/p>\n<p>According to <em>CryptoSlate<\/em> data, TRUMP&#8217;s token prices hovered around $2.60, down by more than 10% on the day and a steep drop from highs above $75 reached during the post-inauguration surge in January 2025.<\/p>\n<div id=\"cs-inline-newsletter-69ede4a43b535\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>As a result, the value erosion has been just as stark in aggregate value. CoinMarketCap data shows the token\u2019s market capitalization shrinking from nearly $10 billion early last year to about $618 million as of press time.<\/p>\n<h2>Scrutiny builds around President Trump&#8217;s crypto voyage<\/h2>\n<p>The event has intensified criticism of Trump\u2019s expanding crypto footprint, with Democratic lawmakers calling for investigations.<\/p>\n<p>On the other hand, ethics experts have repeatedly pointed to the unusual overlap between the presidential authority and personal financial exposure to speculative digital assets.<\/p>\n<p>Meanwhile, crypto experts have also increasingly criticized the events and the token, with Simon Dedic, the founder of venture capital firm Moonrock Capital, saying:<\/p>\n<blockquote>\n<p>\u201cThe Trump memecoin dinner tonight is one of the most damaging thing that has happened to crypto&#8217;s reputation in years. Even worse than FTX or Luna. Those at least pretended to be something legitimate before they collapsed. But this is the President of the United States openly extracting from retail, in broad daylight, and calling it a gala.\u201d<\/p>\n<\/blockquote>\n<p>Dedic also claimed that the President Trump-linked token has extracted more than $4.3 billion from retail investors, while 45 insider wallets gained $1.2 billion.<\/p>\n<figure id=\"attachment_532407\" aria-describedby=\"caption-attachment-532407\" style=\"width: 856px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-532407\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/HGxbLvLXkAASC5e.jpg\" alt=\"TRUMP Token Top Holders\" width=\"856\" height=\"567\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/HGxbLvLXkAASC5e.jpg 856w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/HGxbLvLXkAASC5e-300x199.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/HGxbLvLXkAASC5e-768x509.jpg 768w\" sizes=\"(max-width: 856px) 100vw, 856px\"\/><figcaption id=\"caption-attachment-532407\" class=\"wp-caption-text\">TRUMP Token Top Holders (Source: Dethective)<\/figcaption><\/figure>\n<p>Meanwhile, on-chain analysis also showed that most of the addresses that attended the gala event \u201csold or transferred everything out\u201d immediately after the event.<\/p>\n<\/div>\n<p>Featured,Market,Memecoins,People,Trading,Memecoin,trump,White HouseMemecoin,trump,White House#TRUMP #memecoin #tokens #plummet #White #House #shooting #incident1777198601<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Make CryptoSlate preferred on Gunfire cut short the White House Correspondents\u2019 Dinner on April 25, forcing the evacuation of President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the high-profile gala. In a post on Truth Social, Trump revealed that US law enforcement agents subdued the suspect, who was<\/p>\n","protected":false},"author":1,"featured_media":8660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1464,4223,1202,4221,4222,234,283,1463,4220],"class_list":{"0":"post-8659","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"tag-house","9":"tag-incident","10":"tag-memecoin","11":"tag-plummet","12":"tag-shooting","13":"tag-tokens","14":"tag-trump","15":"tag-white","16":"tag-white-house"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TRUMP memecoin tokens plummet after White House shooting incident - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"President Trump&#039;s memecoin drops over 97% from peak, even as top investors gain rare access at Florida event.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8659\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRUMP memecoin tokens plummet after White House shooting incident\" \/>\n<meta property=\"og:description\" content=\"President Trump&#039;s memecoin drops over 97% from peak, even as top investors gain rare access at Florida event.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8659\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-26T10:16:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/trumpmeme.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8659\",\"name\":\"TRUMP memecoin tokens plummet after White House shooting incident - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/trumpmeme.png\",\"datePublished\":\"2026-04-26T10:16:41+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"President Trump&#039;s memecoin drops over 97% from peak, even as top investors gain rare access at Florida event.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8659\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/trumpmeme.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/trumpmeme.png\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8659#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TRUMP memecoin tokens plummet after White House shooting incident\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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