Trump’s Coin Made Him $638M While Nearly 1 Million Investors Lost $3.8B

The rise and fall of the Trump coin brought about one of the biggest wealth gaps in the crypto market over the past year. The New York Times reported that at least 988,905 crypto wallets have lost money on the memecoin since its launch in January 2025. These investors are now sitting on a total loss of around $3.81 billion.

Also, new financial disclosures show that President Donald Trump earned around $636 million from the token itself and over $1.4 billion from his other crypto businesses.

Trump Coin saw winners and losers

When the Trump coin launched days before the President’s inauguration in January 2025, the hype around it pushed its price from less than $1 to nearly $75 in just two days. That created huge profits for a small group of early buyers.

Nansen data tell us that 492,285 wallets saw gains of about $4.04 billion. However, analysts say that most of that profit was for investors who bought immediately after it started trading. Many of the early buyers were experienced traders who used automated tools designed to move quickly into new crypto projects.

The story was quite different from later buyers. Today, the Trump coin is trading around $1.66, down 96% from its peak. Its market value has also dropped from $15 billion to $425 million.

 

About two-thirds of the 1.48 million wallets that bought the coin since launch are holding losses. It got worse as the crypto market weakened during the first half of 2026.

Crypto revenue continued despite the price collapse

An interesting finding in the report is that the revenue generated by Trump’s projects was not tied to whether the token’s price was up or down.

Most earnings came from trading activity. Every time an investor bought or sold the token, fees were generated, which created income for the businesses connected to the project.

As a result, the crypto venture was still generating revenue even as the Trump coin’s value dropped. The White House has rejected claims that the President benefited at the expense of investors.

“President Trump proudly made the United States the crypto capital of the world,” White House spokesperson Anna Kelly said in a statement.

Trump has also said he did nothing illegal and stated that he handed the day-to-day control of his businesses to his sons before returning to office.

World Liberty investors also feel the pain

World Liberty Financial has seen many investors fall into the red as well. Its native token, WLFI, sold for $0.015 during its first offering round and later for $0.05. The token then pumped as high as $0.33 after it got listed on exchanges. It then crashed after that. Today, the coin trades around $0.056, more than 80% below its peak, almost similar to the Trump coin’s fall.

 

Data from Nansen showed that among the 26,663 wallets that bought WLFI on secondary markets, about 85% are currently losing money. The combined losses among those wallets totalled around $83 million. This is a huge number compared with the $23 million in profits some other investors recorded.

Notably, Trump-related businesses generated $799 million from World Liberty Financial during the course of the year.

Source:: Trump's Coin Made Him $638M While Nearly 1 Million Investors Lost $3.8B