Nansen data cited by The New York Times showed roughly two-thirds of TRUMP token buyers were underwater by end-June, while about 500,000 early and sophisticated traders made $4 billion before a 97% collapse.
President Donald Trump generated a $636 million payout from his TRUMP memecoin even as 988,905 buyers lost a combined $3.81 billion through the end of June, according to The New York Times, which cited data from crypto analytics firm Nansen. The report said roughly two out of every three buyers of the token were in the red, with the coin trading at $1.76 on July 3 after falling 97% from its $75.35 peak. Nansen said the token’s structure let Trump profit from transaction fees whether the price rose or fell, while about 500,000 early and sophisticated traders using automated tools captured $4 billion in profits before the crash. The losses have drawn criticism from some supporters, while the White House said Trump’s actions were taken in the best interest of the American people. The token is one of several crypto ventures tied to Trump, whose financial disclosure also showed $799 million from World Liberty Financial, a startup linked to his family that sells WLFI. Legal experts said a February 2025 SEC rollback on memecoin scrutiny may limit immediate government action, but NYU’s Stephen Gillers said future civil lawsuits from investors may still be possible.