Trump memecoin buyers lose $3.8B, blockchain data shows
Nearly two-thirds of wallets holding the TRUMP memecoin are underwater, with total losses of $3.81 billion, while early buyers and the president profited heavily.
Investors who bought Donald Trump's memecoin are sitting on combined losses of $3.81 billion, according to blockchain analytics firm Nansen data shared with CoinDesk. The losses affect 988,905 of the 1.48 million wallets that have purchased the TRUMP token since its January 2025 launch, roughly two-thirds of all holders.
The data reveals a stark divide between early and late buyers. The 492,285 wallets in profit have gained $4.04 billion, concentrated among those who bought in the first hours when the token traded under $1. It later surged to a near-$75 high within two days. Across all 1.48 million wallets, gains and losses nearly offset, leaving a net profit of about $236 million. Meanwhile, the U.S. President himself made over $1.4 billion from his crypto-related ventures, according to the report.
For cryptocurrency traders, this case highlights the extreme volatility and zero-sum nature of memecoin markets. Live crypto prices and charts on NowPrice show how quickly sentiment can shift in such assets, where early insider access often determines outcomes. The data underscores the risks of chasing hype-driven tokens after initial spikes, as latecomers bear the brunt of losses. Regulatory scrutiny around political memecoins may also intensify, given the scale of retail losses and the involvement of a sitting president.