Nearly a million investors lost a total of $3.8 billion on Trump crypto coin: NYT
Nansen said 988,905 buyers lost $3.81 billion as the token fell 97%, while early entrants captured most of the gains.
- On Saturday, cryptocurrency analytics firm Nansen reported that nearly 1 million people lost more than $3.8 billion investing in President Donald Trump's meme coin through the end of June.
- Launched on the Solana blockchain in January 2025, the $TRUMP token features a structure where Trump earns royalties on every trade, yielding a $636 million payout per his financial disclosure.
- Trading at $1.76 as of Friday, the coin is down 97 percent from its peak of $75.35, a decline that reflects "a small number of early buyers capturing enormous gains while the broad retail majority absorbed the losses," Nansen found.
- Beyond the meme coin, Trump's broader crypto empire—including World Liberty Financial—generated at least $1.4 billion in 2025 income, though the venture faced controversy after pledging 5 billion tokens to borrow $75 million.
- Senator Kirsten Gillibrand has proposed banning elected officials and their spouses from issuing or promoting crypto tokens, as the sector faces a 2026 slump with more than $600 million stolen from decentralized finance protocols.
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While 1 million people who bought Trump Coin lost 6 trillion, Trump pocketed 1 trillion. It has been revealed that while U.S. President Donald Trump accumulated massive wealth through the meme coin $TRUMP bearing his name, ordinary investors who trusted and invested in it have borne losses in the trillions of won. A sitting U.S. president
The updated account of Trump supporters who have become cryptocurrencies investors is already available. And for them, the overall results are remarkably bad. Almost a million people who bought the cryptocurrencies created by President Trump lost money until the end of June, according to a report from the Nansen cryptocurrencies analysis firm. Their losses amount to a total of 3,810 million dollars. The evaluation of the analysis firm was calcul…
Trump's 'legal scam' cost 1 million people nearly $4 billion: report
Almost 1 million people lost more than $3.8 billion investing in President Donald Trump's memecoin, the New York Times reported Saturday. Those are the numbers from the cryptocurrency analytics firm Nansen, which just issued its report on Trump memecoin losses through the end of June, according to t...
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