Nansen data indicates that holders of Donald Trump’s TRUMP memecoin have incurred combined losses of roughly $3.8 billion. The token’s price has fallen 96% from its January 2025 peak. The token launched in January 2025, surged to a near‑$75 high two days later, and has since traded around $1.79, giving it a market capitalization of about $425 million. Of the 1.48 million wallets that have purchased the token, 988,905—approximately two‑thirds—are underwater, representing about $3.81 billion in unrealized losses. A minority of 492,285 wallets hold $4.04 billion in gains, concentrated among early buyers who purchased the token when it traded under $1. Trump earned more than $1.4 billion from his crypto-related activities, according to the analysis. He said he did nothing illegal and was unaware of the full extent of his holdings. He transferred day‑to‑day control of his businesses to his two eldest sons before taking office without divesting. The related World Liberty Financial (WLFI) token has seen 85% of its 26,663 secondary‑market wallets lose value, amounting to $83 million in losses against $23 million in profit. WLFI’s price is about $0.056, down more than 80% from its peak, with a market capitalization near $1.8 billion. Bitcoin has dropped about 50% from its October high above $126,000, contributing to a continued slump in the broader crypto market throughout the first half of 2026. The TRUMP token’s market value remains a small fraction of the overall crypto ecosystem, and the situation remains unresolved as trading volumes stay low.