Trump memecoin holders lose US$3.8B

• Analysis by Nansen found nearly one million Official Trump token holders had unrealised or realised losses totalling US$3.81 billion by the end of June.
• The report found a smaller group of early investors generated about US$4 billion in profits, highlighting uneven returns across the token's holders.
• The findings come after Donald Trump's financial disclosure reported more than US$1.4 billion in crypto-related income during the past year.

Official Trump (CRYPTO:TRUMP) token holders collectively recorded losses of approximately US$3.81 billion by the end of June, with analytics firm Nansen estimating that 988,905 wallets, or about two-thirds of buyers, were holding the memecoin at a loss or had sold below their purchase price.

Nansen reported that fewer than 500,000 wallets generated total profits of around US$4 billion, concluding that a relatively small group of early buyers captured most of the gains while the majority of retail participants recorded losses.

"A small number of early buyers captured enormous gains while the broad retail majority absorbed the losses," Nansen said in its analysis.

Official Trump reached a peak above US$73 shortly after its January 2025 launch but has since declined by more than 97% to approximately US$1.70, according to market data, while President Donald Trump's latest financial disclosure reported more than US$630 million in income linked to the token.

Nansen also analysed World Liberty Financial (CRYPTO:WLFI), estimating that about 85% of the nearly 27,000 tracked wallets were holding losses totalling approximately US$83 million, while the remaining wallets recorded combined profits of about US$23 million.

Trump's annual financial disclosure reported nearly US$800 million in income from World Liberty Financial, while stating that a Trump-affiliated business receives 75% of proceeds from WLFI token sales regardless of the token's market price.

The report adds to ongoing scrutiny of Trump's cryptocurrency ventures, with critics raising conflict-of-interest concerns while Trump has said there was "nothing illegal" or "nothing wrong" with his reported crypto-related earnings.

At the time of reporting, Official Trump price was $1.67.