Trump’s Memecoin Generates $636M While Investors Lose $3.81B

President Donald Trump's official memecoin has generated $636 million in revenue for him while nearly one million investors collectively lost $3.81 billion, according to a report by The New York Times and blockchain analytics firm Nansen.

The number of wallets that had lost a total of $3.81 billion in Official Trump (TRUMP) memecoin holdings as of the end of June stood at 988,905. This figure reflects both realized losses by investors who've already sold their tokens and unrealized losses for investors who haven’t sold their tokens yet.

The findings came after Trump’s 2025 financial disclosure revealed that he received a $636 million payout tied to the TRUMP memecoin. The filing also showed at least $1.4 billion in crypto-related income over the reporting period, mostly from World Liberty Financial (WLFI) licensing agreements related to the memecoin and token sales promoted by Trump.

Nearly two-thirds of buyers who purchased TRUMP tokens lost money, while fewer than 500,000 wallets made a total of approximately $4 billion in combined profits. Early investors and seasoned traders primarily profited from capturing and retaining gains when the price of TRUMP was appreciating.