Nearly a million investors lost $5.5 billion on Trump’s crypto coin

July 5, 2026 — 5:45pm

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An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad.

Nearly 1 million people who bought President Donald Trump’s meme coin have lost money through the end of June, according to a report by cryptocurrency analytics firm Nansen. Their losses total $US3.81 billion ($5.47 billion).

The analytics firm’s assessment was calculated this past week after Trump signed an annual financial disclosure showing that he walked away with a $US636 million payout on the same crypto bet, part of a haul of at least $US2.2 billion from all of his business ventures in 2025.

The odds were always in his favour. Trump profited whether the price of his meme coin went up or down. He collected returns whenever anyone traded the tokens, as he repeatedly pushed his followers to do, using his Truth Social account to promote the coin.

Once a crypto skeptic, Trump embraced the profit-making opportunity of digital currencies in 2024, while he was running for president. He and his sons founded a crypto startup called World Liberty Financial, which soon began selling a coin called $WLFI that has also declined sharply.

$Trump meme coin gives new meaning to ‘creating money out of thin air’

Elizabeth KnightBusiness columnist

Three days before his inauguration, Trump unveiled a second Trump-branded investment — the $TRUMP meme coin, a type of novelty currency with little practical value.

“It’s time to celebrate everything we stand for: WINNING!” Trump wrote on social media. “Join my very special Trump community. GET YOUR $TRUMP NOW!” But that turned out to be bad advice.

Most crypto transactions are publicly visible, recorded on a digital ledger called the blockchain. That allows analysts........

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