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Posted on 07/05/2026 2:41:08 AM PDT by Cronos
Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.
The analytics firm’s assessment was calculated this week after Mr. Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.
Once a crypto skeptic, Mr. Trump embraced the profit-making opportunity of digital currencies in 2024, while he was running for president. He and his sons founded a crypto start-up called World Liberty Financial, which soon began selling a coin called $WLFI that has also declined sharply.
Three days before his inauguration, Mr. Trump unveiled a second Trump-branded investment — the $TRUMP memecoin, a type of novelty currency with little practical value.
“It’s time to celebrate everything we stand for: WINNING!” Mr. Trump wrote on social media. “Join my very special Trump community. GET YOUR $TRUMP NOW!” But that turned out to be bad advice.
Most crypto transactions are publicly visible, recorded on a digital ledger called the blockchain. That allows analysts to trace purchases of digital coins from individual crypto accounts, known as wallets. Nansen’s data shows that, as of the end of June, 988,905 buyers of the $TRUMP memecoin have lost money, representing roughly two out of every three buyers.
(Excerpt) Read more at nytimes.com ...
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Did anyone invest in these coins? I've never really looked at crypto as an investment
David D. Kirkpatrick in The New Yorker wrote,
“It’s a meme coin, a novelty, a bit of fun for Trump supporters.”
<><> $TRUMP doesn’t purport to hold value in the way that bitcoin or stablecoins do.
<><>$TRUMP doesnt entitle a buyer to a vote on a company’s future direction,
<><>It does not even convey the right to own a digital cartoon of Trump.
Possibly its real value is years hence...like a copper penny or a buffalo nickel.
His sons run this company and have profited. Baron made 41 million as far I know. President Trump currently is a passive investor.
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Reports from Forbes estimated that Barron Trump could have earned about $40 million before taxes (roughly $25 million after taxes) from his ownership stake following token sales. This figure is an estimate based on ownership and proceeds, not a disclosed payment confirmed by Barron or official government filings.
No. $TRUMP is not a stablecoin.
It is an official meme coin launched on the Solana blockchain in January 2025. Like most meme coins, its price is determined by market trading and can fluctuate dramatically. It has traded from an all-time high above $70 to much lower levels, illustrating that it is highly volatile rather than stable.
The stablecoin associated with the Trump family’s crypto venture World Liberty Financial is called USD1. USD1 is designed to maintain a value of approximately $1.00 by being backed by reserves such as cash and short-term U.S. Treasury securities.
In short:
$TRUMP = meme coin (price is volatile).
USD1 = stablecoin (intended to stay near $1).
Meme coin? Never touch the stuff.
Yes, I never even thought of them as investments
If my math is correct, that would be an average loss of about $4000 per investor. Sure, no one wants a $4000 loss. But anyone messing around in the market — especially with volatile assets like crypto — has experienced a loss like that. It’s not the sort of thing which causes bankruptcy.
[[USD1 = stablecoin (intended to stay near $1).]]
Hasnt stablecoin wildly risen in price though? Or am i thinkin of something different? doesn’t seem like much of an investment if it stays near $1? What is the one everyone made a fortune with?
All stable coin kept at 1 USD. They are used for ease of international payments and any payments. And much quicker less expensive than bank wires.
The founders owners of Tether (USDT) are billionaires. Tether is number one stable coin and going gangbusters. Tether remains US Dollar stable while bitcoin is down 50%.
Bitcoin is primarily an investment. But is also used for payments.
Meme coin? Never touch the stuff..................
Like the Franklin Mint commemorative coins for presidents. Blasting at you on cable TV. Strictly for suckers.
wow, didnt realize bitcoin was down that much- Thanks for the info-
And surely if crypto reverses course and these coins are worth more than what people paid for them in six months the NYSlimes will write an article about the reverse of fortunes- won’t they?
Silver is off 50% from its highs.
I dont follow silver, but do keep an eye on gold- I remember when it was practically worthless- and thought it would never rise- then of course once it did, I thought “It won’t last’ LOL- Shows what a great investor i am lol - I missed another boat!
If I bought a Pet Rock 50 years ago, it’s still just an old pocket-sized rock. The paper box it was supposed to be living in would be worth more than the rock itself.
Not true. That’s like saying a stock price went up $10 then down $2, so people lost money.
“President Trump currently is a passive investor.”
Heard a number of days ago on a podcast a quick report of Trump’s wealth (not derogatory and paid little attention) as this coin was mentioned as being worth a few million bucks.
Perhaps his own sons (also rich) bought him a bunch of the coins as a gift and also raised the value of the coins LOL.
Too bad I didn’t hear about this Trump coin earlier, cuz I’d have purchased one, unless it costs hundreds of dollars.
At best, Crypto is a vault that holds your real money in the form of digital currency.
To me, it’s just a means for those who are able to create e-currencies, to take real money in exchange for digital currency that the person then uses the real money to buy real and fungible assets like commodities or metals or land or stocks and bonds.
The total market for e-currency is something like 4 trillion dollars, so somebody bought 4 trillion dollars worth of real assets while selling people digital currency.
cnn.com.....Memecoins have a tendency to surge – then tumble – in price. That’s because memecoins, unlike typical cryptocurrencies, have no intrinsic value. They’re extraordinarily risky and speculative assets that trade on an exchange but lend themselves to scams called “rug-pulls.”
In a rug-pull, memecoin creators launch a coin, wait for the price to surge, and then cash out their earnings.
$TRUMP and the associated $MELANIA, advertised themselves as rug-pull-proof, ensuring that the president and first lady couldn’t unlock any of their gains all at once – they had to stagger sales over the course of three years.
But just because a memecoin isn’t a scam doesn’t make it a smart investment. So why would people buy $TRUMP?
Investors in $TRUMP may have been attracted because they wanted to support the president. They may have done it for the novelty or because they believed it would be lucrative .
But some big-pocketed investors poured money into the memecoin to gain access to Trump.
Last May, Trump hosted a black-tie dinner as a special reward for the top 220 holders of $TRUMP. Attendees contributed millions of dollars in investments in his crypto token. The 25 biggest investors gained access to a small VIP reception with the president.
So the $TRUMP memecoin may have been a lousy investment over the past year. But some of its investors still gained something. Trump certainly did.
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