$TRUMP Memecoin Throws Exclusive Gala Amid Price Plunge
The $TRUMP memecoin project is throwing another exclusive gala for top holders on November 22, 2026, at Trump National Golf Club near Washington, D.C. The event will feature Donald Trump as the main speaker and three unnamed 'legends'.
However, the token's price has plummeted to around $2.04-$2.07, a 97% decline from its peak of $74 reached in January 2025. This has led to significant losses for holders, with an estimated $3.2 billion to $3.81 billion in combined losses spread across over 1 million wallets.
The project's leaderboard rewards duration and size, but insiders control about 80% of the token's supply, sparking concerns about potential market manipulation. The gala announcement did spark a price jump of around 10%, but experts remain cautious about the project's long-term prospects.