Trump’s Memecoin Momentum Fades Ahead of Mar-a-Lago Conference
TL;DR
Trump’s $TRUMP memecoin has fallen more than 95% from its January 2025 high, and a Mar-a-Lago investor dinner this weekend is drawing far less trading than last year’s event. Where the 2025 run-up saw about $12.9 billion in token trading, this year’s activity sits around $1.4 billion. Critics call the venture a self-enriching scheme and ethics watchdogs are watching for conflicts of interest as Senate Democrats push for stronger guardrails. The Mar-a-Lago lineup includes crypto executives plus Mike Tyson and Tony Robbins; Trump will speak at the luncheon and is expected to be in Washington later for the White House Correspondents’ Dinner.
- ‘F–k this coin’: Crypto traders fall out of love with Trump’s digital ventures Politico
- Trump to host bash for crypto investors tied to his coin sales The Guardian
- Donald Trump’s Latest Crypto Corruption: A Mar-a-Lago Party for His Coin Buyers Mother Jones
- Trump appears headed back to Mar-a-Lago during crypto conference Palm Beach Daily News
- Trump’s second memecoin event is somehow even worse than the first Citizens for Responsibility and Ethics in Washington
Want the full story? Read the original reporting
Read on Politico