Trump's Memecoin Rakes In $636M as Buyers Lose $3.8B

President Donald Trump made $636 million from his Official Trump (TRUMP) memecoin, while buyers lost $3.8 billion by the end of June, according to blockchain data from Nansen and Trump's financial disclosure.

Nansen counted 988,905 wallets that lost a total of $3.81 billion, with roughly two in three wallets underwater. Less than 500,000 wallets booked about $4 billion in profit, mostly made by early buyers and automated traders who bought before the run-up and sold into the crowd.

The token itself tells the story: TRUMP changed hands near $1.76 on Friday, a whopping 97% below its peak of $75.35 on January 19, 2025, just after Trump's second inauguration. He had launched the coin three days earlier and promoted it on Truth Social as a way for supporters to join his community.

The structure of the memecoin earned money from trading activity itself, so Trump gained revenue whether the token rose or fell. His financial disclosure revealed at least $1.4 billion in crypto-related income for the year, more than half of the $2.2 billion he reported overall.