Nearly a Million Investors Lost a Combined $3.8 Billion on Trump Memecoin
- An NYT analysis of blockchain data shows roughly 988,905 wallets that bought the $TRUMP memecoin have collectively lost about $3.81 billion, with the token down more than 90% from its peak.
- President Trump personally pocketed over $636 million in royalties and licensing fees from the coin, and his financial disclosures show at least $1.4 billion in total crypto-related income.
- The losses highlight the asymmetry of politically connected meme-coin launches: nearly 1 million retail holders underwater while insiders and the Trump family captured the bulk of the upside.