President Hits $1 Billion Jackpot, But 1 Million Retail Investors Lose $5.8 Billion Following Trump’s Meme Coin

Only a Few Early $TRUMP Investors Saw Huge Gains

Trump Earned Over 3 Trillion Won from Cryptocurrency Ventures

Most people lost money on U.S. President Donald Trump’s meme coin ($TRUMP), but Trump himself and a small group of early investors reportedly reaped massive profits.

On July 4 (local time), The New York Times (NYT), citing a report from cryptocurrency analytics firm Nansen, reported that two-thirds of $TRUMP buyers—980,905 individuals—suffered losses, with total losses reaching 3.81 billion dollars (5.83 trillion won). This figure is based on the number of cryptocurrency wallets. The total also includes unrealized losses recorded on the books for coins purchased but not yet sold. $TRUMP was launched on January 17, 2025, three days before President Trump’s inauguration, and Trump promoted it at the time through X (formerly Twitter) and Truth Social as “the only official Trump meme coin.”

The number of investors who profited from the Trump meme coin was less than 500,000, and their combined gains reached 4 billion dollars (6.1 trillion won). As of July 3, the coin was trading at $1.76 (about 2,690 won), a 97% plunge from its peak of $75.35 (about 115,280 won).

The Nansen report was compiled after the U.S. Office of Government Ethics (OGE) released President Trump’s annual financial disclosure on June 30. According to Trump’s financial report, he earned 636 million dollars (about 972.4 billion won) last year from meme coin investments. NYT noted, “President Trump profited whether the price of his meme coin went up or down,” adding, “He used his Truth Social account to promote the coin, repeatedly urging his followers to trade, and profited every time someone traded the token.”

President Trump was previously skeptical about cryptocurrencies, but shifted his stance when he ran for president in 2024. Together with his sons and other partners, he founded a cryptocurrency startup called World Liberty Financial (WLFI) in 2024 and began selling a coin named $WLFI, which also later crashed in price.

According to the financial disclosure, Trump’s total profit from World Liberty Financial last year was 799 million dollars (about 1.22 trillion won). This included several hundred million dollars from the United Arab Emirates (UAE), which secretly acquired nearly half the company’s equity in early 2025. In addition, for the $WLFI coin, one of Trump’s business entities was entitled to 75% of the sales revenue after deducting certain expenses. In other words, mechanisms were in place to ensure that Trump would profit even if the coin eventually collapsed in value. As of recently, $WLFI has dropped 82% compared to September last year.

In conclusion, the Trump family’s profits from cryptocurrency-related ventures alone amount to 1.435 billion dollars (2.19 trillion won).

Some in the legal community are raising the possibility of a class action lawsuit by investors who suffered losses after Trump leaves office.

However, White House deputy spokesperson Anna Kelly told the NYT, “President Trump has proudly made the U.S. the world’s crypto capital,” and added, “Every action taken by President Trump and his administration is in the best interest of the American people.” Representatives for the Trump meme coin business did not respond to a request for comment. David Waxman, spokesperson for WLFI, argued that the collapse in $WLFI’s value was due to market conditions that also dragged down Bitcoin and other cryptocurrencies.

This content was produced with the assistance of AI translation services.