Trump Memecoin Loses Billions for Retail Investors as President Reports Mega Earnings

Data from blockchain analytics firm Nansen shows about 66% of the 1.48 million wallets that bought the $TRUMP memecoin—roughly 988,905—had lost money by the end of June, totaling about $3.81 billion in losses, even as President Trump disclosed $636 million in earnings from the token. The losses largely fell on retail investors, with fewer than 500,000 people profiting, mostly early buyers, while insiders (including Trump-affiliated entities) hold a large stake and collect fees as trading continues.