What to know:
- Trump memecoin losses hit $3.81B across 988,905 wallets, Nansen data shows.
- Trump received $636M tied to TRUMP as retail buyers faced steep token losses later.
- WLFI wallets also fell underwater as the ethics debate grew around official crypto tokens.
Trump memecoin losses have reached $3.81 billion across 988,905 wallets, according to Nansen data cited by The New York Times. President Donald Trump received a reported $636 million payout, according to newly analyzed blockchain data and financial disclosures.
Trump memecoin losses covered investors who sold their Official Trump tokens and those still holding losses. Nansen measured both realized and unrealized losses through the end of June in the same total. The data showed how sharply the token moved against many retail buyers after its launch period.
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Trump’s Crypto Income Grows as TRUMP Token Falls 97%
Trump’s memecoin losses have been reported along with Trump’s crypto income. The filing showed at least $1.4 billion in crypto-related income during the reporting period. came from World Liberty Financial licensing agreements tied to memecoin activity and token sales promoted by Trump.
As reported in the New York Times, Trump’s team gained profit through trading. Such an arrangement facilitated the inflow of money even while the token was dropping in price.
Conversely, retail traders relied on the current price at which they entered into the trade and were left vulnerable as the token price dropped.
Trump launched his TRUMP memecoin three days before his January inauguration and promoted the platform on Truth Social as a means to be part of his community. Nansen noted that the token’s price fell to $1.76 on Friday and is down 97% from the peak of $75.35.
Trump memecoin losses also reflected a wide gap between early traders and later buyers. Nansen estimated that almost two-thirds of wallets that invested in the meme coin experienced losses. About 500,000 wallets earned roughly $4 billion in combined gains, mostly among earlier participants.
Trump Memecoin Losses Raise Ethics Concerns in Washington
According to The New York Times, one investor named Nicholas Pinto said he invested almost $500,000 following his support for Trump in 2024. He stated he had lost about half of the money that he invested. Pinto said Trump’s public role built confidence among buyers and called the project “almost a legal scam.”
Trump memecoin losses were not the only concern in the related crypto activity. According to Nansen, about 85% of the 26,663 World Liberty Financial wallets were in losses. The loss of WLFI wallets reached around $83 million, while the profits were only $23 million.
Why Trump Memecoin Losses Matter
The disclosures have brought political pressure to Washington. Sen. Kirsten Gillibrand urged to consider the ethics laws regulating the cryptocurrency projects initiated by the public officials and their families.
The discussions come at the time when the Congress is considering the CLARITY Act and reviewing stablecoin yield, anti-money laundering measures, and the ethics section before approving the legislation in the Senate.
Trump memecoin losses have now become part of a wider policy debate. Congress is reviewing whether public officials should be allowed to launch or promote tokens while serving in public office.
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