- Nearly 988,905 wallets (about two-thirds of buyers) recorded combined realized and paper losses of $3.81 billion on the Official Trump ($TRUMP) memecoin through end of June.
- Gains concentrated among early buyers: 492,285 wallets profited $4.04 billion, mostly those entering below $1 before the January 2025 surge to ~$75.
- Trump’s financial disclosure showed a $636 million payout tied to the token, part of over $1.4 billion in crypto-related income for 2025.
- $TRUMP trades down ~97% from peak, near $1.76-$1.78.
Nearly one million cryptocurrency wallets that purchased President Donald Trump’s official memecoin have recorded losses totaling $3.81 billion, according to blockchain analytics firm Nansen.
The data, first reported by The New York Times, shows 988,905 of roughly 1.48 million wallets that bought $TRUMP since its January 2025 launch were underwater as of the end of June — representing about two out of every three buyers. The token, which peaked near $75 shortly after launch, was trading around $1.76-$1.78, down approximately 97%.
Profits were heavily skewed toward sophisticated early participants. Nansen identified 492,285 wallets in the green for a combined $4.04 billion, primarily those buying in the initial hours when the price was below $1. Across all wallets, net gains and losses roughly balanced to about $236 million.
The timing of the report coincides with Trump’s annual financial disclosure revealing a $636 million payout from the memecoin venture through royalties and fees via affiliated entities like CIC Digital LLC. This forms part of a broader $2.2 billion haul from business ventures in 2025, with crypto contributing significantly.
Trump has promoted the token on Truth Social, encouraging followers to “GET YOUR $TRUMP NOW!” The project website includes disclaimers that the memecoin is not intended as an investment, framing it as an expression of support.
A similar pattern emerged with World Liberty Financial’s $WLFI governance token, where 85% of tracked secondary market wallets showed losses totaling $83 million against $23 million in gains.
The White House defended the ventures, stating actions are in Americans’ best interest and crediting Trump with making the U.S. the “crypto capital of the world.” A representative for the $TRUMP project did not respond to requests for comment.
The episode highlights risks in memecoin speculation, where rapid pumps often benefit insiders and early traders at the expense of later retail participants. As Congress debates crypto legislation including ethics provisions, the data underscores the volatile nature of such assets amid broader market conditions, with Bitcoin also facing pressure.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
