Analysis finds: Trump meme coin investors lost $3.8 billion
Nearly 1 million people lost a combined $3.8 billion after buying U.S. President Donald Trump’s $TRUMP meme coin, according to cryptocurrency analytics firm Nansen. According to the report, Nansen’s analysis, based on publicly visible transaction records on the blockchain, showed that as of the end of June, a total of 988,905 accounts had lost money on the meme coin, which accounted for approximately two-thirds of the total number of $TRUMP buyers. As of Sunday local time, $TRUMP was trading at $1.69, down nearly 98% from its high of $75.35. Trump announced the launch of the meme coin three days before his inauguration in 2025. He also previously co-founded the cryptocurrency startup World Liberty Financial with his son, and the project’s token $WLFI also experienced a significant devaluation. In a recent financial disclosure, the president revealed that he earned $636 million from the $TRUMP meme coin, accounting for nearly half of his total revenue of $1.4 billion from the crypto industry last year. During the Trump administration, the U.S. Securities and Exchange Commission (SEC) said it would no longer regulate meme coins as securities and has dropped multiple lawsuits against crypto companies. A White House spokesman said in an interview: "President Trump is proud to establish the United States as the cryptocurrency capital of the world."