TRUMP Token Drops 20% to $2.50 Ahead of Mar-a-Lago Crypto Conference

Gate News message, April 26 — The TRUMP meme token fell 20% to around $2.50 ahead of Donald Trump’s exclusive Mar-a-Lago crypto conference, wiping out approximately $161 million in market value.

The token has now declined 96.5% from its all-time high of $75.35 reached in January 2025, erasing approximately $18.1 billion in total market value since its launch around Trump’s second inauguration.

Trading volume surged 111% to $618 million in 24 hours, indicating strong selling pressure. The token broke cleanly below the key $2.85 support level on high volume, with the next meaningful support levels at $2.48 and $2.10. A recovery above $2.80 on real buying volume would be needed to neutralize the current downtrend.