Trump Meets TRUMP Coin Elites at Mar-a-Lago
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Contents
President Donald Trump, after holding a private meeting at Mar-a-Lago on Saturday with the top 29 holders of his own meme coin TRUMP, delivered an nearly hour-long impromptu speech to the entire conference. Participants included crypto investors, tech executives, hedge fund bosses, and loyal supporters; most were foreigners, with those from Asia standing out. In his speech, he addressed the Iran war, crypto regulations, China, and former President Joe Biden, making jokes about the uncertainty of Iran's leadership. Entry to the conference was limited to the token's top few hundred holders; VIP access was exclusive to the first 29.
TRUMP Price Surged 50% After Announcement, Then Declined
After the announcement, TRUMP's price surged from 2.93 dollars to 4.37 dollars, but has now declined to 2.51 dollars. This fluctuation highlights the news-driven volatility of meme coins. Similar trends are seen in coins like JOE detailed analysis; JOE is currently at 0.05$, with a 24-hour change of -0.87%. RSI at 50.23 is neutral, trend sideways but Supertrend giving bearish signal. EMA 20: 0.0462$. Supports: S1 0.0425$ (strong, 73% score), S2 0.0456$. Resistances: R1 0.0502$ (strong, 72% score).
Mar-a-Lago Conference Star Speakers: From Tyson to Robbins
While the Trump family's extensive crypto portfolio faces increasing scrutiny in Washington, this event also reflects Republican divisions that are stalling major crypto bills in Congress. Participants, speaking to Decrypt, praised the event due to Mar-a-Lago's prestige; one investor said he attended by making a 3,000 dollar purchase and preferred not to go to last year's expensive dinner in Virginia. Figures like Mike Tyson, Tony Robbins, Tim Draper, Bybit founder, and Tether founder took the stage at the conference; Tony Robbins defended manual labor in the AI age. Bill Zanker, the central figure in Trump's meme coin operations, introduced “Trump Club”; it promises exclusive events for the largest holders. Names like Justin Sun were absent; the Huobi founder had sued World Liberty Financial.
Trump's Crypto Vision and the Loyalty Power of Meme Coins
Trump emphasized at the airport that the crypto industry has gone mainstream, stating that the US has surpassed China in AI and crypto. This stance reinforces the President's support for the sector and signals the evolution of meme coins as loyalty tools. Participants are maintaining their loyalty despite the price drop; one holder expressed gratitude to Trump. Investors hedging with tools like JOE futures are prepared for similar volatility. The event shows that crypto ventures are challenging political risks; related coins like JOE (in parallel with MEME) are betting on the rise in this ecosystem.
