Nearly one million investors lost a total of $3.81 billion purchasing President Donald Trump's memecoin, according to a report by cryptocurrency analytics firm Nansen.
The report, covering data through the end of June, reveals that the president himself secured a $636 million payout from the same cryptocurrency investment.
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Trump's annual financial disclosure shows that the payout contributed to a broader total of at least $2.2 billion accumulated from his various business enterprises throughout 2025.
Nansen's data indicates that Trump accumulated financial returns from every transaction involving the tokens, regardless of whether the valuation increased or decreased.
Trump frequently encouraged his base to trade the assets via postings on his Truth Social account.
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Trump previously expressed skepticism regarding digital currencies before shifting his approach during his 2024 presidential campaign.
He and his sons subsequently established World Liberty Financial, a cryptocurrency startup that launched the $WLFI token, which has experienced a severe decline in value.
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The $TRUMP memecoin, described as a novelty currency possessing minimal practical utility, was introduced by Trump three days prior to his presidential inauguration.