A Boring Party for Trump’s Collapsing Meme Coin
Donald Trump hosted a luncheon at Mar-a-Lago for holders of his $TRUMP meme coin, which has seen a significant decline in value. Attendees received Trump watches and listened to a speech that many found disappointing. The event attracted a larger crowd than last year, but the overall experience was perceived as less exclusive and engaging.
- ▪The price of the $TRUMP meme coin has dropped nearly 96 percent from its peak, now valued at around $2.50.
- ▪Several hundred top coin holders attended the luncheon, but many were disappointed with Trump's speech and the event's organization.
- ▪Trump's previous events for coin holders were more exclusive, featuring VIP tours and high-profile guests.
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| Original publisher | Mother Jones |
| Canonical URL | https://www.motherjones.com/politics/2026/04/trump-meme-coin-mar-a-lago/ |
| Publication time | Tue, 28 Apr 2026 20:49:40 +0000 |
| Retrieval time | 2026-04-28T20:54:39.786Z |
| Last seen | 2026-04-28T20:54:39.786Z |
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Opening excerpt (first ~120 words) tap to expand
freestar.config.enabled_slots.push({ placementName: "motherjones_right_rail_1", slotId: "ROS_ATF_300x600" }); President Donald Trump prepares to board Air Force One on his way to Mar-a-Lago for a luncheon with holders of his $TRUMP meme coin. Manuel Balce Ceneta/AP Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Several hundred of the top Trump meme coin holders converged on Mar-a-Lago over the weekend, and all they got were Trump watches and a rambling speech. Then the price of the coin dropped to its lowest level ever. Donald Trump launched the $TRUMP meme coin (and the associated $MELANIA meme coin) just three days before his second inauguration.
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