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Trump backs Transparency Act but omits reference to his memecoin
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Trump backs Transparency Act but omits reference to his memecoin

President Donald Trump’s speech at a Florida conference in support of legislative initiatives failed to stabilize the price of his eponymous token, $TRUMP. On Saturday, April 25, 2026, the asset fell 14%, bringing its decline to about 90% from levels recorded around the president’s inauguration.
The event was organized by Fight Fight Fight LLC and featured Paolo Ardoino, chief executive of Tether, and Cathie Wood, head of ARK Investment Management. Mr. Trump focused his remarks on the Transparency Act and the regulation of stablecoins, making no reference to the family’s digital asset in his speech. Market analysts noted a widening gap between official policy on cryptocurrencies and the speculative fervor surrounding private projects linked to the president’s family.
Investors showed skepticism toward marketing incentives such as the announced game Trump Billionaires Club and offers of access to exclusive events for large token holders. The project’s reputation has also been hit by a legal dispute involving billionaire Justin Sun and World Liberty Financial, a case that has reportedly delivered hundreds of millions of dollars to members of the president’s family. Market participants are increasingly prioritizing the long‑term viability of projects and established regulation over short‑term political narratives and branding.
The passage of the stablecoin Transparency Act underlined the administration’s shift toward support for institutional‑grade digital assets. The $TRUMP memecoin, however, remains vulnerable to the "sell‑the‑news" dynamic, having lost about 47% of its value so far this year. Industry participants, including Coinbase Global, continue to work on addressing the compliance challenges posed by the Transparency Act and to delineate the administration’s public crypto platform from the president’s private crypto holdings.
প্রকাশিত 30 April 2026
© InstaFintech Group
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