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Edition 2026-07-05

CRYPTO

Trump’s Official Trump Memecoin Yielded $636 Million, Buyers Lost $3.8 Billion

President Donald Trump’s Official Trump (TRUMP) memecoin generated $636 million in payouts to him while approximately 989,000 buyers collectively lost $3.81 billion, according t...

By cryptonews · 109d ago · Source: cryptonews

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President Donald Trump’s Official Trump (TRUMP) memecoin generated $636 million in payouts to him while approximately 989,000 buyers collectively lost $3.81 billion, according to blockchain analytics firm Nansen and the 2025 financial disclosure. The token launched on January 3, 2025, after Trump promoted it on Truth Social and described it as a way for supporters to join his community. Its price peaked at $75.35 and fell to about $1.76, a decline of roughly 97%, as reported by Nansen on Friday. The 2025 financial disclosure showed Trump received a $636 million payout linked to the memecoin and disclosed at least $1.4 billion in crypto‑related income, largely from licensing agreements tied to the token and sales by Trump‑backed World Liberty Financial (WLFI). The filing renewed political scrutiny, with Senator Kirsten Gillibrand calling for stricter ethics rules in pending crypto legislation. Gillibrand said the Senate is reviewing stablecoin yields, anti‑money‑laundering safeguards, and ethics provisions before moving the CLARITY Act forward. In a CNBC interview, Trump said he was unaware that his crypto ventures had generated at least $1.4 billion and said he could know the exact amount if he wished, adding that there was nothing improper about earning money from digital assets. He also said he had no plans to distance himself or his family from their crypto businesses. Nansen also reported that 85% of the 26,663 WLFI wallets it tracked were underwater, with combined losses of about $83 million and profits of roughly $23 million. Investor Nicholas Pinto, who put about $500,000 into the TRUMP token after supporting Trump in the 2024 election, estimated he had lost roughly half of his investment and described the project as "almost a legal scam." White House spokeswoman Anna Kelly said Trump’s actions were intended to make the United States the "crypto capital of the world" and said they served the American people’s interests. The data indicate that while a small group of early participants captured about $4 billion in profits, the majority of investors experienced losses, highlighting the volatility of memecoin investments.

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Publisher
cryptonews
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high
Published
7/5/2026, 10:00:37 AM
Retrieved
7/5/2026, 10:00:37 AM
Relevance
80%
Confidence
85%
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