CryptoRank: TRUMP and MELANIA meme tokens (community-driven crypto tokens) fall 92% and 99% from all-time highs
CryptoRank reports retail investors have absorbed over $4 billion in losses from TRUMP and MELANIA meme tokens, with insiders and exchanges earning substantial profits despite steep price declines.
TRUMP and MELANIA meme tokens, launched by President Trump and First Lady Melania Trump, have plummeted 92% and 99% from their January 2025 all-time highs, now trading at about $3.55 and $0.11. CryptoRank reports retail investors have suffered over $4.3 billion in losses, with a 20-to-1 ratio of losses to insider gains. Nearly two million wallets remain underwater, while insiders have earned over $600 million through fees and token sales, with 45 wallets extracting $1.2 billion combined. Reports suggest crypto exchanges benefited, generating $172 million in trading fees within six months of the TRUMP token’s listing. Bloomberg data shows the Trump family has gained roughly $280 million from holdings in these tokens and related ventures. $2.7 billion in insider tokens locked until 2028 may cause future selling pressure.
- Meme token: A cryptocurrency built around internet culture or personalities; prices largely driven by community hype and speculation.
- Whale wallet: A blockchain address controlled by a large holder whose trades can significantly impact market prices.
- All-time high (ATH): The highest historical price a cryptocurrency has reached.