Nearly one million people have suffered total losses of $3.8 billion after buying President Donald Trump's $TRUMP memecoin, according to cryptocurrency analytics firm Nansen. The analysis, reported by The New York Times, is based on publicly visible blockchain transactions, showing that as of the end of June 2026, 988,905 accounts had lost money — roughly two out of three buyers.
The coin's value has plummeted 98% from its January 2025 peak
On Sunday, $TRUMP was trading at $1.69, down nearly 98% from its all-time high of $75.35. Trump announced the memecoin three days before his inauguration in January 2025, sparking initial hype that quickly faded. The move was part of his personal crypto journey, which included co-founding World Liberty Financial with his sons. The project's $WLFI token has also declined sharply in value.
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Trump's personal gains amount to $636 million
According to a recent financial disclosure, the president made $636 million from the $TRUMP memecoin, accounting for nearly half of his $1.4 billion income from the crypto industry last year. Under the Trump administration, the Securities and Exchange Commission has said it will not regulate memecoins as securities and has dropped several lawsuits against crypto companies. A White House spokesperson told the NYT: "President Trump proudly made the United States the crypto capital of the world."
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For more background on memecoins and their risks, see the Wikipedia entry for memecoin. The $TRUMP case highlights how volatility and regulatory gaps can lead to massive losses for retail investors while promoters reap billion-dollar profits. It remains to be seen whether this episode will shape future crypto policies in the United States and beyond.
Source: https://techcrunch.com/2026/07/05/trump-memecoin-investors-lost-3-8-billion-analysis-finds
