'Trump Crypto' Inflicts $3.8 Billion Loss on Investors
Nearly one million investors lost approximately $3.8 billion after purchasing U.S. President Donald Trump's cryptocurrency, according to a report by a specialized analytics firm. The report said 988,900 investment wallets recorded losses by the end of June, representing about two-thirds of buyers. The 'Trump' crypto traded at $1.69 yesterday, down 98% from its peak of $75.35 after its launch in early 2025. A limited number of early investors benefited from the rapid price surge, earning about $4 billion in total profits, while the majority of individual investors suffered losses. Trump's annual financial disclosure showed he made $636 million from the cryptocurrency, a large part of his $1.4 billion crypto profits over the past year.
Nearly one million investors lost about $3.8 billion after purchasing U.S. President Donald Trump's cryptocurrency, according to a report from a specialized analytics firm.
The report stated that the number of investment wallets that recorded losses reached 988,900 by the end of last June, representing about two-thirds of the buyers of the cryptocurrency.
The 'Trump' cryptocurrency was trading at $1.69 yesterday, down 98% from its all-time high of $75.35 shortly after its launch in early 2025.
Limited benefit.
According to the report, a limited number of early investors benefited from the rapid price increase upon launch, achieving total profits of about $4 billion, while the majority of individual investors bore losses after the price collapse.
In contrast, Trump's annual financial disclosure revealed that he made $636 million from his cryptocurrency, representing a large portion of his approximately $1.4 billion in profits from cryptocurrency activities over the past year.
Original source: Okaz
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