The post Why is the Trump Token Crashing Today? Trump Escapes Third Assassination Attempt appeared first on Coinpedia Fintech News
Donal trump meme token TRUMP token fell nearly 20% to around $2.50 ahead of Donald Trump’s exclusive Mar-a-Lago crypto conference, wiping out about $161 million in market value. The token is now down around 96.5% from its all-time high.
Adding to the uncertainty, just hours later, Trump was evacuated from the White House Correspondents’ Dinner after a gunman opened fire outside the venue.
Trump Token Dropped by 20%
The TRUMP token dropped from $3 to suddenly below $2.50, a sharp 20% fall, just hours before Donald Trump’s exclusive Mar-a-Lago crypto conference. The event was promoted as a high-level gathering, limited to the top 297 holders, with the top 29 getting direct access to Trump.
A key reason behind the drop is the classic “sell the news” pattern. As the event approached, many investors chose to sell early and secure profits instead of holding through uncertainty.
After the fall, trading activity jumped sharply. Volume rose 111% to $618 million in 24 hours, showing that the move was driven by strong selling, not random price changes. This kind of high volume with a sharp drop usually points to large-scale selling.
Trump Escapes 3rd Assassination Attempt
Amid the recent market volatility, a serious security incident also happened. Donald Trump was safely evacuated after a reported third assassination attempt during the White House Correspondents’ Dinner at the Washington Hilton.
According to reports, a gunman tried to breach a security checkpoint while carrying multiple weapons. Security forces quickly responded and moved Trump to safety.
Along with him, JD Vance, Kash Patel, Robert F. Kennedy Jr., and Melania Trump were also evacuated without harm.
The incident added to overall uncertainty, which may have further affected sentiment around the TRUMP token.
Trump Token Down 96% from its Peak
The token has now fallen 96.5% from its all-time high of $75.35 reached in January 2025, wiping out approximately $18.1 billion in total market value since it launched around Trump’s second inauguration.
The technical damage was severe. The token broke cleanly below the key $2.85 support level on high volume, a breakdown that technically opens the door toward $2.48 as the next meaningful support, and $2.10, if that level fails.
A recovery back above $2.80 on real buying volume would be needed just to neutralize the current downtrend, let alone target a retest of $3.00.