Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
$TRUMP meme coin generates $616M for Trump family as buyers lose over $700M

$TRUMP meme coin generates $616M for Trump family as buyers lose over $700M

CryptobriefingCryptobriefing2026/06/14 04:15
By:Cryptobriefing

The Trump family pulled in roughly $616 million from sales of the $TRUMP meme coin. The people who bought it lost more than $700 million.

That’s the headline finding from a Reuters investigation into the token, which launched on January 17, 2025. Investors poured at least $1.2 billion into $TRUMP. By late April 2026, the total value of their holdings had shrunk to approximately $521 million.

How the money moved

Here’s how the setup worked. One billion $TRUMP tokens were created in total. Only about 200 million of those were released to the public market. The remaining 800 million, a full 80% of the supply, were retained by two companies linked to the Trump family: CIC Digital LLC and Fight Fight Fight LLC.

Advertisement
window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "de1434f5-fa9e-44a6-93c3-4c2439763717"; sevioads_preferences[0].adType = "banner"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences);

The token hit a peak price of $75.35. It has since collapsed to around $2.38, a decline of nearly 97%.

The $TRUMP token is built on the Solana blockchain and functions as a meme coin with no underlying utility. It doesn’t govern a protocol, doesn’t grant access to a service, and doesn’t represent a claim on any asset.

The bigger picture: $2.3 billion and counting

The $TRUMP token wasn’t an isolated play. According to Reuters, Trump family-linked firms have accumulated at least $2.3 billion in profits from various crypto ventures since the 2024 election cycle. The meme coin was just one piece of a broader portfolio of crypto-adjacent activities that leveraged Trump’s political brand for financial gain.

That $2.3 billion figure sits against what Reuters describes as comparable losses suffered by investors across these ventures.

The token launched three days before Trump’s inauguration on January 20, 2025.

What this means for investors

Investors collectively spent $1.2 billion. They now hold roughly $521 million in value. The Trump-affiliated entities collected $616 million.

When 80% of a token’s supply never reaches the open market, the price discovery process is fundamentally skewed. Public buyers are trading a fraction of the total supply, which means any selling pressure from the retained tokens can overwhelm demand.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US and European interest rate trends may diverge! Citadel Securities: Energy shocks and high interest rates may increase downward pressure on the European economy

Castle Securities believes that although energy price shocks and the tightening of monetary policy by the European Central Bank have driven European bond yields to continue rising, these two forces may ultimately also act as factors limiting further increases in yields.

智通财经2026/09/14 22:36
US and European interest rate trends may diverge! Citadel Securities: Energy shocks and high interest rates may increase downward pressure on the European economy

Bank of America (BAC.US) once plunged 6% as CEO sends cautious signal: Q3 trading revenue expected to be flat year-over-year, investment banking fee income may fall short of expectations

Bank of America CEO Brian Moynihan stated that the bank's trading revenue for the third quarter is expected to be "roughly flat" compared to the same period last year, indicating that after strong growth in the first half of the year, the growth momentum of Wall Street trading businesses is slowing down.

智通财经2026/09/14 22:31
Bank of America (BAC.US) once plunged 6% as CEO sends cautious signal: Q3 trading revenue expected to be flat year-over-year, investment banking fee income may fall short of expectations

Overnight US Stocks | Three Major Indices Closed Lower, AI Giants Jointly Call for Slowing Development, Concept Stocks Plunge Across the Board

At the close, the Dow Jones Industrial Average fell by 152.01 points, or 0.29%, to 52,421.28 points; the S&P 500 Index dropped by 37.03 points, or 0.48%, to 7,619.95 points; and the Nasdaq Composite Index declined by 146.62 points, or 0.56%, to 26,186.41 points.

智通财经2026/09/14 22:26
Overnight US Stocks | Three Major Indices Closed Lower, AI Giants Jointly Call for Slowing Development, Concept Stocks Plunge Across the Board