Approximately 989,000 investors who purchased the TRUMP memecoin were at a loss by the end of June. The total losses amounted to $3.81 billion, according to The New York Times, citing a report by analytics firm Nansen.
The study indicates that about two-thirds of all token buyers have either realized losses or continue to hold the asset with unrealized losses. By the end of June, the token was trading at $1.76, approximately 97% below its all-time high of $75.35.
Meanwhile, around 500,000 wallets recorded a combined profit of nearly $4 billion. Nansen noted that the profits were concentrated among a small group of early buyers and algorithmic traders, while the majority of retail investors entered the market after the price surge.
As noted by NYT, U.S. President Donald Trump profited from the project regardless of the token’s price movements. According to a previously published financial disclosure, earnings from the memecoin amounted to $636 million. The project’s organizers earned commissions from trading operations, generating profit even amid the subsequent decline in the asset’s value.
The newspaper also recalls that after the token’s launch in January 2025, Trump actively promoted it on the social network Truth Social, urging supporters to join the “TRUMP community.” Later, the White House administration denied allegations that the president profited at the expense of investors, stating that the administration’s actions were aimed at developing the U.S. as a global crypto industry hub.
In addition to the TRUMP memecoin, the Trump family is involved in the crypto project World Liberty Financial. According to NYT, most tracked holders of the WLFI token also incurred losses: of more than 26,000 analyzed wallets, about 85% were in the red.
Lawyers interviewed by the publication do not rule out that after his presidential term, Trump may face class-action lawsuits from investors, despite the memecoin’s website warning that the token is not intended for use as an investment tool.
“In the days when Trump was a developer, he boasted about playing on people’s fantasies. Here, he seems to have encouraged his supporters to invest, hoping for wealth, even as he profited,” said New York University law professor Stephen Gillers.
Earlier, U.S. Senate Banking Committee member Elizabeth Warren called for the inclusion of a ban on earnings from the crypto industry for the president, vice president, administration officials, members of Congress, and their families in the CLARITY Act.
