On Saturday, the 25th, the President of the United States, Donald Trump, is hosting a super exclusive gathering at his club, Mar-a-Lago, in Florida. It's really high-end, only for the guys stacking more of his digital coin, the so-called $TRUMP .
There's gonna be a fancy lunch with the man and a crypto conference packed with famous faces. They say it's gonna be star-studded, from celebs like fighter Mike Tyson to big players in the market, like Paolo Ardoino and Cathie Wood.
Now, what's interesting is this: there was a similar event last year, but the entry price changed a ton. Back in 2025, you needed about 3.3 million bucks in those coins to secure a spot. Today, it's dropped to around 539k dollars.
And it wasn't even so much about the amount of coin, not really — it only dropped a little — but rather because the value of that memecoin tanked hard. Back in January 2025, it was worth 73 bucks; now it's almost nothing, down over 90%, trading around 2 dollars.
And right on the day of the event, that pesky coin is still swinging more than a green branch, you know. It dropped over 17% in the last 24 hours. It feels like that thing of 'buy the rumor and sell the news,' because a lot of people sold after securing their spot. The volume of coins in the participants' wallets dropped significantly right after.
To top it off, the Trump family's crypto dealings are tightening up in the courts. Billionaire Justin Sun filed a lawsuit out in California against a project linked to them.
He claims he invested a hefty sum and then had his assets frozen without explanation, lost his voting rights, and was even threatened with losing everything for good. Meanwhile, the project team says he was the one who broke the rules.
So, you see… the scene is buzzing, but it’s also kind of tangled up, you know.
