$3.8B Lost as Trump Memecoin Collapses in Dramatic Fashion

The Trump memecoin, launched on Solana on January 17, 2025, has seen its value plummet by approximately 97% from its peak of $75.35 to around $1.76 as of recent data. According to Nansen's analysis, roughly 988,905 wallets have collectively lost over $3.81 billion in the venture.

The winners of this investment were largely those who bought in early and sold into the frenzy, representing about one-third of all participants. In total, these wallets profited approximately $4.04 billion.

Notably, 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. This revenue came primarily from royalties and token allocations.