Trump Memecoin Holders Suffer $3.8 Billion in Losses, Blockchain Analysis Shows

Nearly one million investors have collectively lost an estimated $3.8 billion after purchasing President Donald Trump’s $TRUMP memecoin, according to research conducted by cryptocurrency analytics firm Nansen.

As reported by The New York Times, Nansen based its findings on publicly available blockchain transaction records. The analysis found that, by the end of June, 988,905 wallet addresses that purchased the $TRUMP token were holding losses. That figure represents roughly two-thirds of all investors who bought the memecoin.

As of Sunday, the $TRUMP token was trading at approximately $1.69, down from its peak of $75.35.

Trump introduced the memecoin just three days before his inauguration in 2025. Before launching the token, he had also co-founded the cryptocurrency venture World Liberty Financial alongside his sons. The company’s $WLFI token has likewise experienced a substantial decline in value.

According to a recent financial disclosure, President Trump reported earning approximately $636 million from the $TRUMP memecoin. That amount accounted for nearly half of the estimated $1.4 billion he generated from cryptocurrency-related activities during the previous year.

During the Trump administration, the U.S. Securities and Exchange Commission stated that it did not intend to regulate memecoins as securities and withdrew several enforcement lawsuits previously filed against cryptocurrency companies. Responding to The New York Times, a White House spokesperson said, “President Trump proudly made the United States the crypto capital of the world.”