Blockchain analytics firm Nansen has tallied the damage: roughly 988,905 wallets have collectively lost $3.81 billion on the Official Trump memecoin, while a much smaller group of about 492,285 wallets booked profits totaling approximately $4.04 billion.

The rise, the peak, the 97% crater

The $TRUMP token launched on Solana on January 17, 2025, just days before Donald Trump’s second inauguration. Within 48 hours, the token rocketed to roughly $75.35. The token has since cratered approximately 97% from that peak, trading at around $1.76 as of recent data.

Out of roughly 1.48 million wallets that Nansen tracked, about two-thirds ended up on the losing side. The winners were overwhelmingly the earliest participants, people who bought in the first hours and sold into the frenzy.

Follow the money to 1600 Pennsylvania Avenue