First reported by bsky
Trump earned over $1 billion from crypto ventures last year, financial disclosure reveals
Nearly 1 million $TRUMP memecoin investors lost $3.8 billion as token crashed 98% from peak
8h ago· 1 min readenNews
Summary
Nearly one million investors lost a combined $3.8 billion after buying the $TRUMP memecoin, which fell approximately 98% from its peak of $75.35 to $1.69. The token was launched by Donald Trump three days before his 2025 inauguration, and a financial disclosure shows he personally made $636 million from the venture, nearly half of his total $1.4 billion earnings.
Source
bskyNearly 1 million $TRUMP memecoin investors lost $3.8 billion as token crashed 98% from peakbriefly.coKey quotes
· 4 pulledNansen estimates nearly 1 million people lost a combined $3.8 billion after buying the $TRUMP memecoin.
As of the end of June, 988,905 accounts had lost money, about two out of three buyers.
$TRUMP traded at $1.69 on Sunday, down nearly 98% from a $75.35 high.
A financial disclosure says he made $636 million from $TRUMP, nearly half of $1.4 billion earned from
988,905 $TRUMP memecoin buyers lost money totaling $3.8 billion, while the token fell about 98% from its peak.
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