The scale of the collapse is stark. Data from the analytics firm Nansen shows the token’s value has plummeted to $1.69, representing a 98% decline from its peak of $75.35. The token was launched just three days before the 2025 presidential inauguration, following the president’s earlier foray into the industry with his sons through the World Liberty Financial startup.
In section Startups & Technology
Trump-themed memecoin leaves nearly a million investors in the red
Nearly one million individual accounts have suffered losses totaling $3.8 billion linked to the $TRUMP memecoin, an analysis of public blockchain transactions reveals. This figure accounts for approximately two-thirds of all participants who purchased the asset, marking a significant financial fallout for retail investors backing the president’s digital ventures.
Despite the widespread losses among investors, the president reported earning $636 million from the $TRUMP coin, a sum comprising nearly half of his $1.4 billion in total crypto-related income last year. The administration has since signaled a hands-off approach to the sector, with the Securities and Exchange Commission moving to drop various lawsuits against crypto firms. A White House spokesperson maintained that the administration remains committed to establishing the United States as the global center for cryptocurrency, even as the memecoin market continues to face extreme volatility.
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