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Trump Netted $636M From Memecoin While Most Investors Suffered Heavy Losses

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A recent report reveals that Donald Trump earned approximately $636 million from his $TRUMP memecoin venture. Meanwhile, the vast majority of investors who bought the token faced significant financial losses, with nearly 989,000 crypto wallets in the red by the end of June. This represents roughly two out of every three buyers of the memecoin. Combined investor losses totaled an estimated $3.8 billion, highlighting a stark contrast between the issuer's gains and retail participants' outcomes.

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Trump Netted $636M From Memecoin While Most Investors Suffered Heavy Losses · ShortSingh