Trump Memecoin Owners Suffer $4 Billion Loss as Token Craters 97%

The Official Trump memecoin, launched on Solana just days before Donald Trump's second inauguration, has seen its holders lose over $4 billion. According to blockchain analytics firm Nansen, approximately 988,905 wallets have collectively lost $3.81 billion, while a much smaller group of about 492,285 wallets booked profits totaling around $4.04 billion.

The token's price skyrocketed to around $75.35 within 48 hours after its launch on January 17, 2025, but has since plummeted approximately 97% to trade at around $1.76 as of recent data.

A significant portion of wallets that participated in the memecoin's success were early adopters who bought in during the first hours and sold into the frenzy, ultimately profiting from their investments. President Trump and his affiliates have reportedly realized around $636 million from the venture, contributing to over $1.4 billion in total crypto-related income.