Trump Memecoin Cost Investors $3.8B as President Earned $636M
Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.
Blockchain Data and Financial Disclosure
Blockchain data shows 988,905 buyers of the $TRUMP token are underwater through the end of June, while the president’s financial disclosure reveals $1.4 billion in crypto-related income for 2025.
Memecoin Launch and Performance
- Trump launched the $TRUMP token on the Solana blockchain on 17 January 2025.
- The coin surged to $75.26 within hours, briefly giving it a fully diluted market capitalisation above $75 billion.
- Both $TRUMP and First Lady Melania Trump’s $MELANIA tokens have since collapsed.
- $TRUMP now trades at roughly $1.78, a decline of more than 97% from its peak.
Profit Structure
The structure ensures the president profits regardless of what happens to the price. Trump earns royalties and transaction fees each time the token is bought or sold.
Regulatory Environment
- The SEC has dropped or paused nearly 60% of its crypto enforcement cases since Trump took office.
- He signed the GENIUS Act into law in July 2025, creating the first federal framework for stablecoins.
- Europe’s MiCA regulation requires any crypto asset sold to the public to meet disclosure and consumer protection standards.