US Edition58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows
- President Donald Trump's meme coin, $TRUMP, launched in January 2025, attracted about 2 million crypto wallets worldwide.
- The token's surge followed promotional posts from Trump and promises of exclusive events for top holders, causing sharp price swings and uneven investor returns.
- About 58 wallets earned over $10 million each, totaling roughly $1.1 billion, while approximately 764,000 wallets suffered losses on their investments.
- On May 22, 2025, the largest holders of $TRUMP were invited to a private dinner and a White House tour hosted at the president’s golf club near Washington, D.C., an occasion that temporarily raised the token’s market capitalization to $2.7 billion.
- The Senate's Permanent Subcommittee on Investigations is conducting a formal inquiry into the ownership and revenue structure of $TRUMP amid concerns over potential conflicts of interest involving Trump and foreign investors.
21 Articles
21 Articles
The Washington Post
Cryptocurrency News | Cryptocurrency Prices | Market CapSmall-time Trump coin buyers have seen their investments collapse
Nearly 67,000 crypto novices have pulled out their debit cards to bet on Trump’s crypto venture, a Post analysis found. So far it’s been a monumental bust.
President Trump’s memecoin made 58 lucky crypto holders $10 million+
President Donald Trump's cryptocurrency $TRUMP has been called a "conflict of interest," a "constitutional crisis," and blatant "corruption."However, for 58 cryptocurrency wallets, Trump's memecoin has been quite profitable, according to CNBC.This week, CNBC shared data from blockchain analytics firm Chainalysis, which states that 58 cryptocurrency wallets have made more than $10 million from investing in the $TRUMP coin. In total, these wallets…
58 crypto wallets have made millions on Trump's meme coin while 764,000 have lost money, data shows
About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.
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