TRUMP Drops 7.8% Amid $1.62B Volume After High-Profile Dinner Sparks Regulatory Scrutiny

TRUMP is currently trading at $12.88 with a 24-hour trading volume of $1.62 billion and a 7.80% price decline over the last 24 hours, according to Binance data. The recent price drop follows heightened volatility surrounding a private dinner hosted by Donald Trump for the top 220 TRUMP token holders, which drew significant attention from both the crypto industry and U.S. lawmakers due to concerns over political involvement in cryptocurrency projects. The event, attended by major industry figures, sparked public protests and scrutiny regarding transparency and regulatory compliance, contributing to increased market uncertainty and the observed price decline.