Nearly 1 million Trump memecoin investors lose $3.8 billion while Trump pockets $636 million
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Summary
Nearly 1 million investors who bought President Trump's memecoin have collectively lost $3.81 billion through June, according to crypto analytics firm Nansen. Meanwhile, Trump's financial disclosure shows he personally made $636 million from the same crypto venture. The article highlights the stark contrast between the financial outcomes for Trump's followers who invested in the coin and Trump himself.
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bskyNearly 1 million Trump memecoin investors lose $3.8 billion while Trump pockets $636 millionattentiontotheunseen.comKey quotes
· 3 pulledNearly 1 million people who bought President Trump's memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen.
Their losses total $3.81 billion.
The analytics firm's assessment was calculated this week after Mr. Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet.
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