President Trump To Speak At Meme Coin Event As TRUMP Token Collapses 95%

Benzinga04-24 21:21

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...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629844842?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2026/04/24/CZ-Warns-Memecoin-FOMO.jpeg","is_english":true,"pubTime":"2026-04-24 21:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629844842","market":"us","top_or_hot":-1,"title":"President Trump To Speak At Meme Coin Event As TRUMP Token Collapses 95%","media":"Benzinga","content":"<div>\n<p>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...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/04/52027902/president-trump-to-speak-at-meme-coin-event-as-trump-token-collapses-95\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Trump To Speak At Meme Coin Event As TRUMP Token Collapses 95%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPresident Trump To Speak At Meme Coin Event As TRUMP Token Collapses 95%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-24 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/26/04/52027902/president-trump-to-speak-at-meme-coin-event-as-trump-token-collapses-95><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/04/52027902/president-trump-to-speak-at-meme-coin-event-as-trump-token-collapses-95\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIME","symbol_name":"CoinShares Altcoins ETF","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/26/04/52027902/president-trump-to-speak-at-meme-coin-event-as-trump-token-collapses-95","article_id":"2629844842","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2026/04/24/CZ-Warns-Memecoin-FOMO.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/crypto/cryptocurrency/26/04/52027902/president-trump-to-speak-at-meme-coin-event-as-trump-token-collapses-95","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2629844842","pubTimestamp":1777036911,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"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% f","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DIME":"CoinShares Altcoins ETF","DAPP":"VanEck Digital Transformation ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","BKCH":"AdvisorShares Sabretooth ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","BITW":"Bitwise 10 Crypto Index ETF","STCE":"Schwab Crypto Thematic ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF"},"translate_title":"特朗普代币暴跌95%，特朗普总统将在Meme Coin活动上发表讲话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKCH":0.61,"DIME":0.61,"LFGY":0.61,"STCE":0.61,"DAPP":0.61,"GDLC":0.61,"BITQ":0.61,"BITW":0.61},"content_text":"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 CollapsesNansen shared data showing more than $12.9 billion traded hands in the token through decentralized crypto trading platforms in the immediate run-up to the 2025 dinner. This year’s contest only drew $1.4 billion in volumes—an 89% collapse.The announcement of the contest in March briefly pushed the token from $2.90 to $4.05, but it fell to $2.88 by the end of the competition on April 14.Many Winners Already SoldMany winners appear to have liquidated their holdings. The total number of tokens held by the winning accounts identified by the FT fell from 17 million at its peak to 9.7 million a week later.Chinese crypto investor Justin Sun topped the leaderboard with holdings of about $9.4 million of TRUMP throughout the competition. Sun recently sued World Liberty Financial (CRYPTO: WLFI), a Trump-backed crypto firm, accusing it of fraud.$320 Million In Trading FeesAs of April 2025, the Trump family and its partners had made $320 million in memecoin-related trading fees. Two entities overwhelmingly hold the token: an affiliate of the Trump Organization and a company run by Bill Zanker, a longtime Trump business partner.“Nobody likes it,” said Morten Christensen, a crypto investor who still plans to attend the Mar-a-Lago event. “People are losing on the coin, and they are vocal. They are the people on Twitter like, ‘F*** this coin’ or ‘It’s a scam.’ And they’re right, basically.”The Saturday EventThe Mar-a-Lago event is open to the top 297 TRUMP investors. Trump will speak during the luncheon, alongside boxing legend Mike Tyson, motivational coach Tony Robbins, and Tether CEO Paolo Ardoino.Fine print on the contest’s website makes clear that Trump “may not be able to attend” and the event could be “cancelled for any reason.”Image: ShutterstockMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.To add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629844842","isCrawlerRequest":true}