Nearly 1 million people lost a combined $3.81 billion on the $TRUMP memecoin.
Let that number actually sink in:
That’s roughly $3,800 gone per person on average. For a huge share of them, that’s likely more than they hold in their entire savings account.
It’s nearly half the size of the entire FTX collapse. FTX took years and an intricate web of fraud to blow up.
It’s larger than the total losses of most of the biggest crypto hacks in history combined. Except there was no hacker here. Just a token launched over the weekend by a sitting president.
And unlike every other scandal in this industry, nobody is getting charged, while others get prosecuted or sitting in prison.
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🚨 LATEST: Nearly 1 million $TRUMP memecoin investors have lost a combined $3.81 billion through June, per NYT. https://t.co/2zoCxIskAB
🚨BREAKING: DONALD TRUMP HAS REPORTED OVER $1.4 BILLION IN CRYPTO IN
NEARLY 1 MILLION $TRUMP MEMECOIN INVESTORS HAVE LOST A COMBINED $3.81 BILLION!!!🚨 https://t.co/OBiH9eUIH6
New York Times: Nearly one million TRUMP token investors have accumulated losses of $3.81 billion
According to the New York Times citing Nansen data, as of the end of June, about 989,000 TRUMP Meme token wallets were in a loss state, accounting for roughly two‑thirds of all buyers, with a cumulative loss of $3.81 billion, and the token has fallen 97% from its peak.
During the same period, about 500,000 wallets made a profit of roughly $4 billion, and Nansen said this reflects “a few early buyers reaping huge gains while the majority of retail investors bear the losses.”
Trump himself profited $636 million from the token, and by 2025 his total commercial investment returns will be at least $2.2 billion.
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