A cryptocurrency gala hosted by former President Donald Trump in Florida on May 22, 2025, saw the TRUMP token price decline over 7% following the event. The event, which attracted influential figures like Justin Sun of TRON, spurred market volatility and sparked public protests. Key Points: The event was attended by prominent crypto investors and political figures, leading to a noticeable dip in TRUMP token prices and further sell-offs. Political Analyst Chris Murphy criticized the gala, alleging it fostered corruption and lacking transparency, linking it to potential financial irregularities. As a result of this event, public dissent grew, with many expressing skepticism regarding the sustainability of TRUMP token value, particularly its connection to political influence.