The Trump meme currency ( TRUMP ) fell 14% on Saturday. The drop came as a hacker made accusations against the Secret Service at the White House Correspondents’ Dinner. President Trump, Vice President JD Vance, and members of the Cabinet have been removed from the ballroom of the Washington Hilton.
Cole Tomas Allen, 31, of Torrance, California, opened fire near the checkpoint around 8:36 pm and was arrested. A Secret Service agent was hit with his bulletproof vest and is fine.
Trump Tokens Slide Despite Crypto Pep Talk
Trump’s speech on Saturday to those with meme money on him Mar-a-Lago gala failed to raise the mark. TRUMP traded at about $2.63 by Sunday, down 96% from its January 2025 peak of $73.43. The daily volume is around $597 million.
The slide adds to a rough month for Trump-linked tokens. World Liberty Financial (WLFI), the symbol of the family-backed trust, traded near $0.075 on Sunday. This represents an 82% drop from its September peak. Lending disputes and a fraud suit from investor Justin Sun forced the shareholders.
Bitcoin (BTC) worked at $77,508 at the end of the week, about 13% of April. The keep stock removed the tokens identified by Trump. Traders have cited Iran’s anti-war talks and Strategy’s $2.5 billion purchase of bitcoin as key drivers.
Fees and What’s Next
Allen is facing federal charges, including using a firearm during a riot and assaulting a public official. According to investigators, he did it alone and was carrying a gun, a gun, and knives. Meanwhile, his trial is scheduled for Monday in federal court.
Trump described the attacker as a “lone wolf” in a speech after he escaped. Allen worked as a teacher in Torrance. He received the “Teacher of the Month” award at the end of 2024.
Markets will monitor whether security developments reduce appetite political symbols. Another Mar-a-Lago crypto event is still attracting the attention of the whales despite the Saturday’s Selloff.
A note Trump’s Finances Fall After WHCD Shooting Shakes Washington appeared for the first time BeInCrypto.
