President Donald Trump will speak at a Mar-a-Lago conference for top TRUMP (CRYPTO: TRUMP) meme coin holders on Saturday, even as the token crashed 95% from its January 2025 high and the price of VIP access plunges 84% from last year’s event.
VIP Tickets Drop 84%
The top 29 qualifying holders get access to a VIP reception with Trump.
Analysis by the Financial Times shows winners of a VIP ticket held a median of $539,000 of $TRUMP at the end of the contest.
That compares with approximately $3.28 million last year—an 84% drop.
“Mem ecoins have gotten wrecked,” said Austin Campbell, managing partner of crypto advisory firm Zero Knowledge Consulting. “The Trump brand is not enough of a carrot to elevate them.”
Trading Volume Collapses
Nansen shared data showing more than $12.9 billion traded hands in the token through decentralized crypto trading platforms in …