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Trump Memecoin Leaves Investors $3.81 Billion in the Red

Nansen says early buyers were the main winners, while later retail investors are deep underwater. WLFI, another token tied to Trump, is also trading sharply lower.

By Mike Hesp
• 2 min read
Trump Memecoin Leaves Investors $3.81 Billion in the Red

Key Takeaways

  • Investors in the TRUMP memecoin are down a combined $3.81 billion, while 492,285 wallets have together made $4.04 billion.
  • According to Nansen, 1.48 million wallets have bought the token since January 2025, and nearly two-thirds of them are now in the red.
  • WLFI, another Trump-related token, has 22,715 losing wallets and is more than 80% below its peak.

TRUMP memecoin holders are sitting on a combined $3.81 billion (€3.3 billion) in losses, while the U.S. president has reportedly made more than $1.4 billion (€1.2 billion) from his crypto connections, according to Nansen data. The figures highlight how lopsided the token’s performance has been: a relatively small group of early buyers captured most of the upside, while later retail investors bought in at much higher prices and are now deep underwater.

Early Buyers Took the Gains

Nansen says 1.48 million wallets have bought the token since it launched in January 2025. Of that total, 988,905 wallets, or roughly two-thirds, are currently in the red. Together, those losing positions add up to $3.81 billion (€3.3 billion). The 492,285 wallets in profit have collectively earned $4.04 billion (€3.5 billion).

Those gains are heavily skewed toward the earliest buyers. In the first few hours after launch, the token traded below $1 (€0.87), then surged to nearly $75 (€66) within two days. As a result, the total gains and total losses across all wallets leave the market roughly $236 million (€206 million) net positive.

$TRUMP launched on January 17, 2025, just ahead of Donald Trump’s inauguration, and quickly became one of the most talked-about tokens in crypto. Within 48 hours, it hit an all-time high of $73.43 (€64) and briefly reached a fully diluted market capitalization of more than $70 billion (€61.1 billion).

Losses Keep Growing in a Weak Market

Later buyers have taken on even more pain as the broader crypto market weakened in 2026. Bitcoin is now about 50% below the record above $126,000 (€110,100) it set in October, according to the provided data, and the market spent the first half of 2026 trending lower.

WLFI, another token tied to Trump, has also left a large share of its holders underwater. Nansen tracks 26,663 wallets in total, and 22,715 of them are in the red, or about 85%. Those losses total $83 million (€72.5 million), compared with $23 million (€20.1 million) in gains.

WLFI is currently trading around $0.056 (€0.049) per token, putting it more than 80% below its peak and giving it a market value of $1.8 billion (€1.6 billion). That loss figure does not include the 241,651 wallets that bought in through the ICO.

Why This Matters for European Readers

For European crypto investors, the takeaway is simple: memecoins can produce wildly uneven outcomes. Fast price spikes, concentrated early allocations, and a weaker market backdrop tend to create a huge gap between early entrants and everyone who arrives later. For anyone trying to understand speculative tokens in context, that risk profile matters.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.