Nearly 1 million wallets that bought President Donald Trump's official memecoin have lost money since its January 2025 launch, with combined losses of $3.81 billion through the end of June, according to data from analytics firm Nansen reported by The New York Times on Saturday.
The losses fall on 988,905 of the roughly 1.48 million wallets that have bought the Official Trump token (TRUMP), about two out of every three, and include both realized losses and paper losses on tokens still held, per the data. TRUMP traded around $1.78 on Saturday, down roughly 97% from its January 2025 peak, according to The Block's Official Trump Price page.
Gains were concentrated among early buyers. Nansen found 492,285 wallets in profit for a combined $4.04 billion, concentrated among buyers who entered in the token's first hours below $1, before it climbed toward $75 two days after launch.
Across all 1.48 million wallets, gains and losses net out to about $236 million, according to additional Nansen figures shared with CoinDesk. That is barely a third of the $636 million payout Trump reported from the token in his annual financial disclosure, meaning the memecoin has generated far more money for the President than for its buyers as a group.
